🍒 Stable V2.5 release! Changelog: - Upstreamed to 4.9.291. - Built with AOSP Clang 14. - Switched to PELT 16 ms. - Fixed deep sleep. - Fixed booting on Redmi 8 variant with Goodix fingerprint sensor. - Increased kernel ticker to 1000Hz. - Replaced exFAT driver with mainline backport. - Updated IORap props for Android 12. - Enabled CABC and IE functions for display panels. - Removed autocut driver. - Dropped support for Android 10. Only Android 11 or newer is supported. - Dropped support for MIUI vendor. Only VNDK 30+ OSS vendor is supported.
🍒 Stable V2.5 release! Changelog: - Upstreamed to 4.9.291. - Built with AOSP Clang 14. - Switched to PELT 16 ms. - Fixed deep sleep. - Fixed booting on Redmi 8 variant with Goodix fingerprint sensor. - Increased kernel ticker to 1000Hz. - Replaced exFAT driver with mainline backport. - Updated IORap props for Android 12. - Enabled CABC and IE functions for display panels. - Removed autocut driver. - Dropped support for Android 10. Only Android 11 or newer is supported. - Dropped support for MIUI vendor. Only VNDK 30+ OSS vendor is supported.
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 global forecast for the Asian markets is murky following recent volatility, with crude oil prices providing support in what has been an otherwise tough month. The European markets were down and the U.S. bourses were mixed and flat and the Asian markets figure to split the difference.The TSE finished modestly lower on Friday following losses from the financial shares and property stocks.For the day, the index sank 15.09 points or 0.49 percent to finish at 3,061.35 after trading between 3,057.84 and 3,089.78. Volume was 1.39 billion shares worth 1.30 billion Singapore dollars. There were 285 decliners and 184 gainers.
