Halftime Report Rising Rates and Falling Stocks 1/13/25
12 snips
Jan 13, 2025 
Josh Brown, a market strategist known for his sharp insights, and Joe Terranova, an expert in investment dynamics, dive into the impact of rising interest rates on stocks. They dissect the shift away from tech stocks toward energy and healthcare, reflecting on recent portfolio adjustments. The discussions highlight potential buying opportunities amid market volatility, as well as the evolving landscape of Bitcoin ETFs and merger activity following major conferences. Their analysis provides a roadmap for navigating current market uncertainty and future investment prospects.
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Tax-Driven Selling
- Wealthy clients drive institutional selling to avoid taxes on large gains.
- This rebalancing favors laggards like energy over tech, driven by tax considerations.
Rate Impact
- Rising rates, up 100 basis points since September, pressure stocks.
- The rapid change in rate expectations, more than the absolute level, unsettles markets.
Tariff-Driven Inflation
- Tariffs contribute to rising bond yields, creating an attractive alternative to stocks.
- Stephen Weiss supports tariffs for national security and onshoring, despite inflationary pressures.