[CNBC Television] . finance professor: Fed can live with rising rates, but depends on why rates rise
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Aswath Damodaran, NYU finance professor, says as long as the earnings keep up with the rates going up, markets will do fine. But if rates are rising because of inflation, it might cause some concerns for the Fed. He joins ’Closing Bell’ to discuss interest rates and Tesla’s valuation. To see more of the interview with Damodaran sign up for a free trial to CNBC Pro:
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