tg-me.com/qinghua_box/3657
Create:
Last Update:
Last Update:
朦朦胧胧醒来思念如洪水一般，
想我就来见我，如果可以请一定带上一朵花
纪念我们在一起 黄昏与四季
BY 情话箱
Warning: Undefined variable $i in /var/www/tg-me/post.php on line 280
Share with your friend now:
tg-me.com/qinghua_box/3657
tg-me.com/qinghua_box/3657
Warning: Undefined variable $i in /var/www/tg-me/post.php on line 280
Share with your friend now:
tg-me.com/qinghua_box/3657
View MORE
Open in Telegram
情话箱 Telegram | DID YOU KNOW?
Date: | 情话箱
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.
That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.
情话箱 from hk