“Will Rising Long Term Rates Crash Stocks?”
ICE is a beneficiary of rising rates (margin interest) and higher energy prices (futures volume), supporting the speaker's long position.
Uh companies like uh Intercontinental Exchange. Oh, especially Intercontinental Exchange, which I own ICE, they benefit from rising rates, right? Why? Because they earn uh they earn margin interest.
So rates rise, they earn more interest on margins that they extend to customers. Number one. Number two, they are very big in the trading of energy futures. So as energy prices go up, people trade more energy futures, they do very well.