As Interest Rates Rise, GMO Watches For Shift to "Unloved" StocksMark Melin
As interest rates rise and fall, so, too, do the fortunes of various corporate enterprises. JPMorgan Chase today announced a 17% rise in first-quarter profit due, in part, to expanding lending margins as interest rates moved higher. GMO, in an April white paper titled “For Whom the Bond Tolls: Low Rate Beneficiaries in a Rising Rate Environment,” notes that a wide range of firms may be about to benefit – even if interest rates don’t rise as much as anticipated.
Interest rates rise - Watch out for "bond . . .
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