October 19th, 2023 The bears are currently in control of the market, but in the bigger picture it is a two-way tape. It’s important to note that interest rates are rising across the board. The 30-year rate is above 5% and the 10-year rate is approaching 5%. This is not a positive sign for stocks. […]
IN THE OVERNIGHT 19 OCTOBER
Pretty RED out there AGAIN TOP STORIES OVEERNIGHT Emerging Market Losses Deepen as US Treasury Yields March to 5%-BBG Losses in emerging-market stocks and bonds deepened as the rise in US Treasury yields and concern about a wider conflict in the Middle East pushed investors to unload riskier assets. This week’s losses on the MSCI benchmark equity index have reached 2%, […]