Two Opposing Market Moves, and What China’s Slowdown Means for Markets 8/21/23
CNBC's "Fast Money"
00:00
Rising Interest Rates and Impact on Asset Valuations
This chapter discusses the implications of rising interest rates on various sectors of the market. The speakers analyze the sell-off in high valuation tech stocks, SPACs, and crypto in anticipation of the rate hike. They also explore the balance of power between the US and China in relation to NVIDIA's position in the market and highlight the need for a correction in asset valuations due to prolonged low rates.
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Transcript
