Jim Cramer warns that RTX stock must compress further due to the effects of FED rate hikes.
1 report, 1 independent
Updated Sep 17
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What happened
Jim Cramer warns that RTX stock must compress further due to the effects of FED rate hikes.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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FED
business
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RTX
American multinational aerospace and defense conglomerate
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Jim Cramer
American stockbroker, television personality, author
Related events
- The Fed raised rates, causing market multiples to fall, while analysts assessed RTX's operational pain points.
- Fed speculation regarding potential rate hikes is currently affecting stock market prices.
- FED rate hikes are impacting stock performance, concurrent with T. Rowe Price announcing the acquisition of F/m Investments.
- Rate hike decisions are driving bond market flows, with fund trades occurring on the electronic stock exchange.
- Rate hikes are affecting financial products and market returns due to actions by the FED.