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Transcripts For CNBC Mad 20240703

Of this bearish bond market. The increase in the Interest Rates has created havoc among multiple fronts, like a giant grim reaper that cuts down sector after sector. Thats how you get days like today. Which at one point was so ugly but rebounded at the close. Dow finished off. But nasdaq held up, finishing strong. Keep that in mind, plus seven. Well have to spend time on the nasdaq, it was truly incredible. But the damage can be extreme. Comstock, on many times. American electric power. Great location, and what happens . Aep turned out to be piggybacking off the bond market. Now its gotten double whammy. The company is always financing and paying out generous cash to the shareholders, meeting air quality demands. But with the collapse of the bond market, a fine company like aep has seen his stock obliterated. The house of pain. You cant escape the grim reaper of higher bond yields. Kellogg, this north American Cereal Company and kellanova for snacks. Theyre taking it on the chin from t

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