Rising rates not expected to have a huge impact on stocks
Breakfast with Benjamin: Just because Janet Yellen and the Fed are going to be raising interest rates soon doesn't mean there won't be investment opportunities.
- Just because interest rates are going to be rising doesn’t mean there won’t be opportunities. Stock-pickers can find opportunity among beaten-down utilities and REITs.
- Emerging markets, however, might not be the place to be. Another few weeks of gains and that’s about it.
- The holidays are coming but that’s not necessarily a reason to celebrate. A sluggish economic recovery is likely to weigh on consumer spending.
- At this tech company, cost-cutting goes all the way to the top. CEO to take voluntary 50% pay cut
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