This question generates from a mistake I made while in a rush to do the calculation 18 - 3 - 2. Immediately I saw the question, I (been in a hurray and not thinking clearly) did a stupid 3 - 2 = 1; 18 - 1 = 17
Immediately I saw my answer, my instinct told me something is wrong with it. then I saw my mistake!
What I should have done was -3-2 = -5; 18 - 5 = 13!
a - b - c can not be equals to a - (b - c)
Expanding a - (b - c) will give you a -b -(-c) = a - b + c That was why I got 17 earlier (18 - 3 + 2)
This question generates from a mistake I made while in a rush to do the calculation 18 - 3 - 2. Immediately I saw the question, I (been in a hurray and not thinking clearly) did a stupid 3 - 2 = 1; 18 - 1 = 17
Immediately I saw my answer, my instinct told me something is wrong with it. then I saw my mistake!
What I should have done was -3-2 = -5; 18 - 5 = 13!
a - b - c can not be equals to a - (b - c)
Expanding a - (b - c) will give you a -b -(-c) = a - b + c That was why I got 17 earlier (18 - 3 + 2)
Answer: False
BY Riddles Repository - Answers
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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.
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
