CVC Marathon's Richards Says Stocks Can Absorb 25 Bps Fed Rate Hike
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Markets can withstand a 25 basis-point interest-rate increase by the Federal Reserve, according to Bruce Richards, managing partner and head of CVC Marathon. "The consumer is doing well, corporate earnings are doing well, the economy is doing well," Richards says on Bloomberg Television. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www
Tags: Bruce Richards, Fed, Federal Reserve, Guy Johnson, Interest Rates, Markets, Monetary Policy, Stock valuations, Tom Mackenzie, US stocks, asset allocation, equities, equity valuations, investment strategy, stocks
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