A Long Term Analysis of Industrial Sector Stock Returns in Rising Fed Funds Rate Periods, 1999-2023

Authors

Presenter(s)

Christopher Fredrick Casey, David Francis McColl

Comments

Presentation: 9:00-10:15, Kennedy Union Ballroom

Files

Description

Financial analysts consider industrial sector stocks to be cyclical in nature with strong sensitivity to changes in interest rates. In this study I look at four periods within the overall 1999-2023 period where the Fed Funds rate was rising to see if the strong sensitivity assumption holds up. I use the top 20 stocks measured by market cap in the industrial sector to examine the relationship between rising Fed Funds rate and sector stock returns.

Publication Date

4-17-2024

Project Designation

Independent Research

Primary Advisor

Robert D. Dean, Jon A. Fulkerson, Henry G. Willmore

Primary Advisor's Department

Economics and Finance

Keywords

Stander Symposium, School of Business Administration

Institutional Learning Goals

Scholarship

Recommended Citation

"A Long Term Analysis of Industrial Sector Stock Returns in Rising Fed Funds Rate Periods, 1999-2023" (2024). Stander Symposium Projects. 3306.
https://ecommons.udayton.edu/stander_posters/3306