The tech sector grew up on a glut from cheap credit before the Fed started raising interest rates, but now that rates are up and are staying up they have to start paying down debts.
At least, that’s my understanding from hearing finance dorks whine lol
The tech sector grew up on a glut from cheap credit before the Fed started raising interest rates, but now that rates are up and are staying up they have to start paying down debts.
At least, that’s my understanding from hearing finance dorks whine lol