All-In with Chamath, Jason, Sacks & Friedberg
Markets turn Trump, Long rates spike, Election home stretch, Influencer mania, Saving Starbucks
Zach
But both a stock and a bond are similar in the sense that they're both hurt badly by rising interest rates, right? Because the discount rate is higher. So this is where I'm just not sure about equities is if we do head into a new regime of higher rates longer, does that... hurt equities, even though equities normally are pretty good inflation hedge. So I just don't know the answer to that.
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