Patrick Lancaster News Today
patricklancasternewstoday48,943 Members
Telegram Link: tg-me.com/patricklancasternewstoday
Update:
Date:
TG 85989913, Telegram, United Kingdom, GB
This channel will cover the journalistic activities of Independent Journalist Patrick Lancaster currently Reporting In the Donetsk People's Republic covering the Ukraine War in the English language
Telegram Link: tg-me.com/patricklancasternewstoday
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.
United Kingdom GB Tg Telegram Group & tg Channel
Patrick Lancaster News Today Webview
From: United States America (US)
Patrick Lancaster News Today TG
Telegram Link: tg-me.com/patricklancasternewstoday
About Patrick Lancaster News Today
Created Date:
Admin Bot Link
https://www.hottg.com/patricklancasternewstoday/Patrick+Lancaster+News+Today-tg-telegram.html
101 Back To Top