Re:Tech giants lost more than $1T in value in the last 3 tra...
by leet_thow on Monday May 09, 2022 @08:23PM
(#31321743)
Energy, Consumer Staples and Utilities from my research.
Re:Tech giants lost more than $1T in value in the last 3 tra...
by abraxas on Monday May 09, 2022 @11:41PM
(#31323177)
Wouldn't utilities (famous for their large dividend distributions) get creamed in a rising interest rate environment?
Re:Tech giants lost more than $1T in value in the last 3 tra...
by toomuchtodo on Monday May 09, 2022 @11:44PM
(#31323202)
Electricity and gas are typically non discretionary spending.
Re:Tech giants lost more than $1T in value in the last 3 tra...
by abraxas on Monday May 09, 2022 @11:50PM
(#31323244)
No question but utilities' distributions have to compete with higher treasury yields so that would be pushing downwards pressure on their prices.
Actually in a tight money environment I don't really think there is a place to hide. Bonds and stocks are both likely to decline across the board. Cash and gold might be the best refuge.
Re:Tech giants lost more than $1T in value in the last 3 tra...
by toomuchtodo on Monday May 09, 2022 @08:35PM
(#31321844)
Also commodities.
Which markets, care to ellaborate?