Rob Black’s Winners and Losers: Rising interest in raising interest

SAN FRANCISCO (KRON) — In today’s edition of Rob Black’s Winners and Losers, KRON 4’s Mark Danon and financial expert Rob Black discuss the state of finances, and tides of the market.

Netflix is a winner this week, with stock prices skyrocketing.  With so many streaming services available, Netlfix has hit their stride with the market and is capitalizing on accessibility across diverse watching demographics.

Another winner this week?  The FED’s rising interest in raising interest.  Long term benefits could come from weeding out cheap money.

While many were underwhelmed with Amazon’s Prime day, Rob still considers it a winner– find out why.

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