Have you ever experienced discrimination on the basis of your ethnicity, religion, or other cultural identities?
I studied out of hometown in a small city in Karnataka.. Few of us lived together in a flat. One night, we were having fun and being loud when a police patrol car was going by and stopped and came up hearing the noise. They told us stuff like all you Muslims are terrorists and come here for terror things and dont want to study. We were flabbergasted at the things they said and couldn't do anything. We called up our seniors who intervened and they like most cops, they just wanted money and left. But, it left a strong mark on us.
Have you ever experienced discrimination on the basis of your ethnicity, religion, or other cultural identities?
I studied out of hometown in a small city in Karnataka.. Few of us lived together in a flat. One night, we were having fun and being loud when a police patrol car was going by and stopped and came up hearing the noise. They told us stuff like all you Muslims are terrorists and come here for terror things and dont want to study. We were flabbergasted at the things they said and couldn't do anything. We called up our seniors who intervened and they like most cops, they just wanted money and left. But, it left a strong mark on us.
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.
Start with a fresh view of investing strategy. The combination of risks and fads this quarter looks to be topping. That means the future is ready to move in.Likely, there will not be a wholesale shift. Company actions will aim to benefit from economic growth, inflationary pressures and a return of market-determined interest rates. In turn, all of that should drive the stock market and investment returns higher.
