Why Now, Gatekeeping & Government Bans, and a TV Tipping Point 9/6/23
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Are rising interest rates suddenly bad news? All year long, equities have largely shrugged off climbing rates - but this week seems different. Yields popping again today on the back of another round of strong economic data. And just like yesterday, that's sending stocks lower. So why are investors sounding the alarm now? Plus, Apple shares are lower on a one-two punch overseas. The E.U. naming it one of six digital "gatekeepers," while China bans government officials from using iPhones at work. Is it a minor inconvenience or just the state's first salvo against the company? Analyst Toni Sacconaghi weighs in. And have we finally reached the television tipping point? Why the fight between Disney and Charter Communications could be the beginning of the end for linear TV as we know it.
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