homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

October 16, 2014

Who does the market frenzy hurt? Help?

  • The market turmoil stands to affect different groups differently, from consumers to borrowers to Federal Reserve policymakers.
    • By CHRISTOPHER S. RUGABER
    AP Economics Writer

    WASHINGTON — The turbulence that's roiling financial markets is punishing stock investors, raising worries for major U.S. companies and will likely produce even punier returns for savers.

    Yet some Americans actually stand to benefit from the forces that are driving the frenzied trading. Lower oil prices and sinking interest rates are lowering gas prices, keeping inflation low and cutting mortgage rates to levels that, for some, will scream refinance.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.