Finance 101, opportunity costs. When rates were low/zero, the market was the only place to earn a real return. Now you get get close to 5% on a risk free US treasury. We also value companies, at least we used to, using discounted cash flows. The higher the discount rate is, the less valuable that stream of future cash flows is worth.
__________________
2025 Lexus GX 550 Overtrail
1974 2002tii, Inka, 5 sp manual
BMWCCA # 327475

|