News

How high, and for how long?

The markets tried denying that the Federal Reserve really would keep rates “higher for longer”. But in the past week, equities and debt finally seemed to accept that high interest rates are here to stay. That means changes in the prices of assets, but it also has a lot of implications for everyone from tech start-ups to small countries with big loans. Today on the show, we try to think about the new world of high interest rates. Also, we go short small cap stocks and long London’s grocery stores.

For a free 90-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer

Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X, formerly Twitter. You can email Ethan at ethan.wu@ft.com.

Read a transcript of this episode on FT.com

View our accessibility guide.

Articles You May Like

Iran seizes Israel-linked container vessel
Biden says US support for Israel ‘ironclad’ as Iran threats increase
Forget boomers vs millennials, the next conflict is millennials vs each other
Ex-Post Office chief claimed sub-postmasters were tempted to steal, inquiry told
Be restrained or go ‘crazy’? Israel faces tough choices after Iran attack