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wongyeng888 t1_iubljez wrote

Growth stocks with gravy... those others that require bank loans are in dire straits

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TheSilentSamurai1996 t1_iuc0m7f wrote

I was just about to comment this lol. During recessions having reserve cash is very very important for companies and many of these next gen stocks that were meant to obliterate the future market have huge current debts and survive on taking bank loans. So as interest rates go up, it will take a huge toll on companies that borrow money from banks coz of the interest rates.

During recession some of these speculative stocks with huge loans might also get permanently burried.

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wongyeng888 t1_iuc28tp wrote

Really depends on their backers... if they had a softbank, then their chances of making it through will be better

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