The Real Impact of Rising Rates, and Is Apple About to Break Down? 11/3/22
CNBC's "Fast Money"
00:00
What's the Right Multiple for the S&P 500?
Two-year interest rates were 25 basis points, seemingly a year and a half ago. The right price for the S&P should be somewhere between $3,200 and $3,400. Banks have the best exposure to real rates; they've been outperforming since their earnings. In an inflationary environment, the energy sector will continue to outperform.
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