Economic Strength Diminishes Prospects for Stocks and Bonds

The reaction of investors to the most recent employment report suggests that equities and bonds will continue to suffer.

The Dow Jones Industrial Average lost more than 600 points on Friday as a result of selling, and the 10-year Treasury note yield.

Which increases when bond prices fall, increased back to multi-year highs.

The report crushed hopes that the Federal Reserve might reconsider its intentions to keep raising interest rates dramatically in the face of some indication of economic weakness.

While punishing tech equities and other rate-sensitive company shares, traders increased their bets on futures that rates will rise for an extended period of time.

 During the period of record low interest rates caused by the epidemic, stocks like as Netflix Inc., Tesla Inc., and Inc. performed well.


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