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Stocks rallied yesterday, led forward by tech shares which were strengthened by usual suspect Elon Musk. Traders continue to scratch their heads over the inverted yield curve, wondering whether the albatross is a sign of landfall or an omen of bad things to come. Comfort investing. Never mind the war in Ukraine and the horrible…
The yield curve is something that is often spoken about but rarely followed closely by most investors…unless you are bond trader. However, when news of a yield curve inversion hits the tape, all types of investors – even non-investors take notice. There is much mystery around an inverted yield curve. What does it mean and…
Stocks rose on Friday after monthly employment data showed a continued rise in hiring while the unemployment rate hit a new pandemic-era low. The yield curve inverted on the employment data, but the omen did not prevent stocks from rising late in the session. Sweat breaks upon the banker’s brow. Come on, it’s no secret…
Stocks dipped yesterday as investors decided to take some profits on the last day of a tough quarter. Crude oil pulled back after President Biden announced that he would release some of the country’s strategic oil reserves…stocks did not celebrate as expected. More silly math tricks. Before we get to the math, I want to…
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