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BBCNEWS Sportsday March 10, 2020 22:44:15

BBCNEWS Sportsday March 10, 2020 22:44:15
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Detailed text transcripts for TV channel - MSNBC - 20180206:14:36:00

investment strategists. he he notes going into yesterday, the s&p 500 of stocks had gone 400 days in a row trading within 5% of record high levels without any kind of a pullback. that kind of a streak was the longest ever of no downside volatility in history. there are those traders out there who simply believe that statistically that doesn t happen very often and we were due for this sort of situation. but to brendan s point, the idea that the federal reserve could be on this rate hike campaign, to raise interest rates gradually over time. whether that will have an impact on the economy overall remains to be seen. a lot of folks out there believe as interest rates rise, as the cost of borrowing rise, it may just tap the breaks on the economy. and if that were to happen, should stocks be at the levels that they are right now. this is no imminent crash. we re not going to recession any time soon. but maybe the market should just be valued differently, given some of those economic fundam

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