Podknife - Rate Rise Impact On Markets… And The Retail Resurgence 5/29/24 by CNBC's "Fast Money"

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Rate Rise Impact On Markets… And The Retail Resurgence 5/29/24

Podcast |: CNBC's "Fast Money"
Publisher |: CNBC
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business,; Investing,; News
Publication Date |: May 29, 2024
Episode Duration |: 00:43:39

Rates continue their climb higher, and besides a powerhouse move in Nvidia, stocks have been feeling the pain. Will the rising rate environment continue to be a headwind for companies? Plus… Retailers rising after results. Dicks Sporting Goods, Chewy, and Abercrombie & Fitch all soaring after reporting. But will those same rising rates put pressure on the consumer? Why a former retail exec says the shopper can handle it.

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