Advertisement
Canada markets open in 3 hours 4 minutes
  • S&P/TSX

    21,871.96
    +64.59 (+0.30%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CAD/USD

    0.7297
    -0.0004 (-0.05%)
     
  • CRUDE OIL

    81.90
    0.00 (0.00%)
     
  • Bitcoin CAD

    90,753.22
    +146.38 (+0.16%)
     
  • CMC Crypto 200

    1,422.08
    +7.32 (+0.52%)
     
  • GOLD FUTURES

    2,312.80
    -33.60 (-1.43%)
     
  • RUSSELL 2000

    1,967.47
    +19.82 (+1.02%)
     
  • 10-Yr Bond

    4.6230
    +0.0080 (+0.17%)
     
  • NASDAQ futures

    17,396.50
    +46.50 (+0.27%)
     
  • VOLATILITY

    16.71
    -0.23 (-1.36%)
     
  • FTSE

    8,058.65
    +34.78 (+0.43%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • CAD/EUR

    0.6842
    -0.0008 (-0.12%)
     

Jim Chanos says there's something wrong with the stock market when rates this low cause panic

Prominent short seller Jim Chanos says he's concerned about the fragility of the stock market in response to increases in interest rates. "One of the things that worries me is just how fragile we seem to be to small rises in interest rates," Chanos told CNBC's Sarah Eisen. While government debt rates rallied for much of 2018 — sometimes sharply — borrowing costs are still far below historical norms.