A Higher-for-Longer Fed Cuts Both Ways for S&P Global
Higher interest rates will generate tailwinds and headwinds for the financial data giant.
A Higher-for-Longer Fed Cuts Both Ways for S&P Global
Overview
S&P Global (NYSE: SPGI), one of the world's largest financial data companies, is often considered an evergreen stock. It provides financial data, credit ratings, and analytics services to 80% of the Fortune 500 companies. It's also raised its dividend annually for 53 consecutive years, making it a Dividend King that has maintained that streak for at least 50 years.
Yet S&P Global isn't completely immune to interest rate swings. Let's see how higher interest rates could create both tailwinds and headwinds for its core businesses.
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Originally published at www.fool.com.
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