Interest Rate Wrecking Ball

One trend that would hurt stock market valuations: rising interest rates. Treasury bonds are direct competitors to stocks. The more yield bonds offer, the less attractive stocks become.

Chiswick, West London

Wednesday, May 20

By Tom Dyson, Investment Director

QUESTION: DHT’s stock price has closed below $18 two days in a row. Did we say we were closing that trade? I haven’t seen an ale…