Since March 2020, 20yr treasury yield up from 0.84% to 4.55%. Bad for stocks, right? S&P 500 up 170% during same time. Lesson: DO NOT focus on one factor (rates, inflation, breadth, economy, etc.). Many factors influence the market. 5:33 PM · Dec 15, 2024
The ECB Steps Away from Bond Market Entirely, Speeds Up Bond QT even as it Cut Rates.It already reduced its balance sheet by €2.48 trillion and completed its loan QT to near-zerohttps://wolfstreet.com/2024/12/13/the-ecb-steps-away-from-bond-market-entirely-speeds-up-bond-qt-even-as-it-cut-rates/…10:45 PM · Dec 13, 2024
US Stocks are now trading at over 22x forward earnings versus 14x for International stocks, the widest valuation gap in history.Video: https://youtube.com/watch?v=MC5AeizFMaE&t=2322s…7:08 PM · Dec 14, 2024