Why Growth Stocks Are More Vulnerable to Interest Rate Increases
Max Kirouac - Jul 15, 2022
The S&P 500 had a very strong decade from 2010 to 2019. Over this 10 year period, the total return on the index was over 250%. Leading the charge were the tech companies that have come to dominate the US stock market: Microsoft`s total return was 527%, Apple’s was 1,021%, and Amazon returned 1,274%. The rest of the FANMAG companies (Facebook, Netflix, and Google) also saw their market caps soar over this period. Tesla has joined the party...