The Federal Reserve raised its benchmark interest rate last week as expected, and the Fed expects it will raise interest rates three more times by the end of 2017. JPMorgan equity strategists see this rising of rates as the biggest risk to their bullish outlook for stocks next year, with the low-rate environment having been a boon for all sectors other than financials. However, the firm has identified industries likely to be resilient, as well as 19 specific companies that would benefit from rate hikes. To see what these industries and specific companies are, CLICK HERE.
Rising Rate Resiliency: 19 Stocks Expected To Benefit From Rising Rates
Tags:Benchmark Interest RateEquity StrategistsInterest RatesJPMorganLow-Rate EnvironmentLow-Rate StocksRate HikesRatesRising RatesStockstock marketstocks