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💼 Top-Earning Portfolios (Week #37) @Minter Network
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💼 Top-Earning Portfolios (Week #37)

Each week, we’re posting top portfolios ranked by Last Week Return. This time, the winners are:

🥇 Portfolio #97: +6.66%
🥈 Portfolio #30: +4.95%
🥉 Portfolio #48: +4.85%

Creators have received 3 000, 2 000, and 1 000 BEE, respectively.

🏆 If you don’t have a portfolio yet, it’s about time to create it and join the race!

We’re also currently holding a 4-weeks-in-the-green contest. As of now, 8 portfolios have been on the lossless streak for 3 weeks in a row.

Minter Network
Forwarded from Honee — Crypto Wallet
💼 Top-Earning Portfolios (Week #37)

Each week, we’re posting top portfolios ranked by Last Week Return. This time, the winners are:

🥇 Portfolio #97: +6.66%
🥈 Portfolio #30: +4.95%
🥉 Portfolio #48: +4.85%

Creators have received 3 000, 2 000, and 1 000 BEE, respectively.

🏆 If you don’t have a portfolio yet, it’s about time to create it and join the race!

We’re also currently holding a 4-weeks-in-the-green contest. As of now, 8 portfolios have been on the lossless streak for 3 weeks in a row.
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Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

💼 Top-Earning Portfolios (Week #37)

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