"The Reality is, There's a Lot More Going On" Beyond Fed Rate Cuts
"The Reality is, There's a Lot More Going On" Beyond Fed Rate Cuts | Schwab Network
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Definitions
Duration: Measures a bond’s sensitivity to interest rate changes.
Basis point: A basis point (BPS) is used to indicate changes in the interest rates of a financial instrument. One basis point is equal to 1/100th of 1%, or 0.01%
Mag 7: The Magnificent Seven (Mag 7) stocks are a group of high-performing and influential companies in the U.S. stock market: Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla.
VIX: The CBOE Volatility Index (VIX) is a real-time index that represents the market’s expectations for the relative strength of near-term price changes of the S&P 500 Index (SPX).