Weizhen Tan - Profile and Journalist Details
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Verified
Senior Correspondent, CNBC
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By Weizhen Tan Verified, Katrina Bishop Verified| CNBC Verified Investors often get bullish on stocks when interest rates start inching lower. That certainly was the case as markets anticipated the start of the U.S. Federal Reserve’s easing cycle, which kicked off with a jumbo cut last month . The S & P 500 stock index is around 24% higher year-to-date and up 40% over the last 12 months. There’s a common belief that lower borrowing costs benefit so-called growth stocks, as they’re often capital-intensive.
By Weizhen Tan Verified| CNBC Verified U.S. interest rate cuts are unlikely to move at an aggressive pace, say market watchers. The Fed kicked off its easing cycle with a jumbo 50 basis-point rate cut in September — but subsequent ones will be milder, they said. They highlighted the better-than-expected September jobs report, renewed worries around inflation, rising yields and an economy that’s still relatively strong.
By Weizhen Tan Verified, Katrina Bishop Verified| CNBC Verified Investors often get bullish on stocks when interest rates start inching lower. That certainly was the case as markets anticipated the start of the U.S. Federal Reserve’s easing cycle, which kicked off with a jumbo cut last month . The S & P 500 stock index is around 24% higher year-to-date and up 40% over the last 12 months. There’s a common belief that lower borrowing costs benefit so-called growth stocks, as they’re often capital-intensive.
Company Info
CNBC
CNBC, or the Consumer News and Business Channel, is a prominent global business news television channel that launched on April 17, 1989. Founded by former NBC President Bob Wright, CNBC aims to provide viewers with insights into how business events impact their lives and finances. The network has grown to become the world's leading business news media company, reaching over 450 million consumers each month. CNBC offers a variety of services, including 23 hours of live TV programming each weekday, featuring popular shows like *Squawk Box* and *Fast Money*. It operates a 24/7 digital platform that delivers real-time news, analysis, and market data through its website and mobile apps. Additionally, CNBC provides subscription-based services for exclusive content and hosts numerous business events and conferences for networking among executives and thought leaders. With a global presence and more than 20 bureaus worldwide, CNBC also tailors its content for regional audiences through channels like CNBC Asia and CNBC Europe.
Los Gatos, California, United States