Global stock markets fell on Monday, pulled lower by technology shares in Europe and on Wall Street, as US Treasury yields jumped ahead of inflation data that could prompt the Federal Reserve to tighten policy enough to slow a rebounding economy. The S&P 500 was down again Monday, losing 1.59%. The key here is that […]
‘Similar to how the internet changed how we do business, decentralized finance and tokenization will change how we will be buy and sell assets.’ – Martin Straith The Trend Letter’s Martin Straith was a guest on Mike Campbell’s Money Talks podcast where he explains in simple terms how tokenization guarantees verification of ownership, and authenticity […]
It’s fairly new and it will be a game changer for some, but how much do you know about the Metaverse, and why is it important, as an investor, to know something about it? To start, we can describe what it is: Metaverse – a collective virtual open space, created by the convergence of virtually […]
Bond yields keep rising (bonds dropping), as the yield on the 10-year Treasury spiked to 2.72% today. The 10-year yield is now up 130% since November. When bond yields rise, so do mortgage rates. The US 30-year mortgage is now just under 5%, the highest rate since later 2018. One of the ‘events’ that is […]
Stocks ended higher for the first time in three days, shaking off volatility from earlier this week. Still, the S&P 500 was on track to post a weekly loss and end a three-week winning streak, if levels hold through Friday’s close. Fresh commentary from Federal Reserve officials remained in focus on Thursday, as another set […]
(From Yahoo Finance)… Conversations detailed in the March 15-16 Fed meeting minutes released Wednesday suggested policymakers will soon begin to unwind the central bank’s $9 trillion balance sheet, including $4 trillion in asset purchases amassed to calm markets after the pandemic hit in early 2020. The minutes also indicated many participants in the Federal Open […]
US stocks faltered on Tuesday, dragged down by losses in tech, as investors weighed remarks by Federal Reserve Governor Lael Brainard that indicated policymakers were ready to act more aggressively to rein in inflation. Investors also monitored reports indicating the US and European Union are expected to unveil more sanctions against Russia on Wednesday. The […]
Stocks on global indexes rose on Monday, with the Nasdaq and growth names leading gains on Wall Street, while the US dollar strengthened on talk of more sanctions against Moscow following international outrage over Ukraine civilian killings. Adding to investor caution, the 2-year/10-year Treasury yield curve remained inverted, signaling to some market watchers that a […]
(From Yahoo)…Stocks rose while US crude oil prices fell for a back-to-back session amid signs of progress in Russia-Ukraine talks. Russia said it was easing military action in Ukraine’s capital Kyiv and northern city Chernihiv and was prepared to set a meeting between Russian President Vladimir Putin and Ukraine’s President Volodymyr Zelensky following a draft […]
Are we headed for a recession? There are a couple of indicators that have accurately signaled the last number of recessions. The bond market is a bit of a mess. Treasury bonds have been getting killed for the third day in a row, taking ten-year yields back above 2%. It is a bit unusual given […]