Will an interest-rate rise hit US stocks?

American stocks have hit new records amid more upbeat economic data. More than 200,000 jobs were added to payrolls in June, the fifth month in a row of solid gains. The unemployment rate, now 6.1%, fell to a six-year low. But things might get trickier from here on in.

As the economy improves, the end of money printing – followed by interest-rate rises – draws nearer. And the withdrawal of central-bank stimulus could give markets a nasty jolt.

History suggests that after some initial jitters, equities cope reasonably well with tighter monetary policy. Interest-rate hikes may temper growth [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Paying by mobile

Why your phone will replace your wallet

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.