Steve Weiss: The Impact of Rising Interest Rates and $105 Oil Prices on the Stock Market
2026-09-29 10:20:34
According to CoinMeta, Steve Weiss explained the impact of rising interest rates and oil prices at $105 per barrel on the stock market. He pointed out that the increase in interest rates and oil prices is putting pressure on the stock market, and the CNBC investment committee has mixed reactions to this. Weiss is increasing its cash holdings, while Jim Lebenthal remains fully invested. The yield on 10-year Treasury bonds climbed to 5.27% on Monday, the highest level since 2007, and the price of Brent crude oil also exceeded $105 per barrel. This combination is putting pressure on the stock market in three areas: valuations, interest rate-sensitive industries, and inflation. Weiss stated that he does not intend to invest cash in the stock market unless stocks become significantly cheap. On the contrary, Lebenthal believes that profits can drive the stock market upward.
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Source:BeInCrypto
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