My base case is that the Fed will leave rates unchanged in October and raise them in December, with the market pricing in higher rates well into 2027. That is unfavorable for traditional blue-chip stocks. REITs and utilities now compete directly with government bonds yielding 5+%. The tech sector could paradoxically be the only one to withstand rising rates thanks to r
REITs and utilities face competition from government bonds yielding over 5%
A community member's personal view, not investment advice. Community Guidelines
KJ
It is true that, unfortunately, the markets will have to come to terms, and they have probably already come to terms with the fact that rates will be with us here for a long time. Unfortunately, nothing can be done about that. The market is slowly getting used to it, but it is certainly not the most positive situation.