TipRanks
3 Stocks that Could Benefit if Interest Rates Rise Higher
Volatility in interest rates has been a key driver many investors have had their eye on recently. Indeed, with rates surging to as high as 1.75% earlier this year, before falling down to 1.32% this week, investors really don’t know what to believe. On the one hand, expectations are that inflation could be running rampant. If inflation proves to be structural and persistent, rising costs could inhibit profits. This type of environment generally isn’t good for growth stocks. On the other hand, if
