$Upstart Holdings, Inc.(UPST)$

2022-08-19

$Upstart Holdings, Inc.(UPST)$Looking forward, UPST stock investors will also want to keep close tabs on the Federal Reserve. While the tech sector isn’t benefitting from the surge, theJuly jobs report came in well above expectations. Ordinarily, that represents fantastic news. But the resilience of the labor market also translates to higher wages, which in turn means more inflation.

With the Fed already acting aggressively relative to modern monetary policy standards, further tightening of the spigot could mean a sharp lift in borrowing costs. That would not be helpful to banking institutions, representing a worrying dilemma for UPST stock.

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Comments

hyhop
2022-08-19
hyhop
ok
MoneyCum
2022-08-19
MoneyCum
Ok
TTrade
2022-08-19
TTrade
Oo
Fabulous1711
2022-08-19
Fabulous1711
Ok
潘小明
2022-08-19
潘小明
Patient
losty
2022-08-19
losty
o

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