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Bloomberg Businessweek

Live from the Bloomberg Sustainable Business Summit

Oct 5, 2023
36:42
Snipd AI
Gideon Maltz discusses refugee employment. Todd McKinnon talks about cyber attacks. Renee Johnson reports on middle-aged binge drinking. Alan Lancz discusses current economic challenges.
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Podcast summary created with Snipd AI

Quick takeaways

  • Investors are realizing that interest rates will likely remain high, resulting in a revaluation of the markets.
  • With the expectation of higher interest rates, investors are raising cash and seeking alternatives like money market funds offering yields over 5%.

Deep dives

Investors React to Higher Interest Rates

Investors are realizing that interest rates will likely remain high for a while, resulting in a revaluation of the markets. The initial euphoria around lower interest rates has faded as investors now understand that rates are not likely to decrease significantly in the near future. This realization has led to a shift in valuation and a need for investors to adjust their expectations accordingly.

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