Account Spmnetic!™ 💸⚖
accountspmnotes5,333 Members
Telegram Link: tg-me.com/accountspmnotes
Update:
Date:
TG 161705, Telegram, Россия Russia, RU
This channel belongs to @thespmneticofficial, and a platform for sharing notes and exercise 🤘🏻
For enquiries, directly ask in a discussion group or our help center ✨
Telegram Link: tg-me.com/accountspmnotes
More...
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.
Россия Russia RU Tg Telegram Group & tg Channel
From: United States America (US)
Account Spmnetic!™ 💸⚖ TG
Telegram Link: tg-me.com/accountspmnotes
Created Date:
Admin Bot Link
https://www.hottg.com/accountspmnotes/Account+Spmnetic&+33;™+-tg-telegram.html
101 Back To Top