See the jobs report today 10/03?. WOW . Bearish sentiment will increase in the stock market after this unexpected jobs report. Job growth continues to climb in an unexpected manner. The economy is not slowing down despite the FED'S all out assault. Its crazy. The 10 year Treasury hit another high, its at 4.88%, close to a 20 year high. Money will flow from the stock market to the safe haven of treasury notes. Imagine this, if you have 10 mill invested in 10 Year Treasury Notes, you will earn $41,666 a month $500,000 a year in interest. Thats insane. Wy wouldnt you abandon the stock market and do that until things settle down.? its becoming clearer that we are going to be in a high interest rate climate for a while. Im staying in stocks and looking for opportunities to buy some beat up companies but proceed very carefully right now.
See the jobs report today 10/03?. WOW . Bearish sentiment will increase in the stock market after this unexpected jobs report. Job growth continues to climb in an unexpected manner. The economy is not slowing down despite the FED'S all out assault. Its crazy. The 10 year Treasury hit another high, its at 4.88%, close to a 20 year high. Money will flow from the stock market to the safe haven of treasury notes. Imagine this, if you have 10 mill invested in 10 Year Treasury Notes, you will earn $41,666 a month $500,000 a year in interest. Thats insane. Wy wouldnt you abandon the stock market and do that until things settle down.? its becoming clearer that we are going to be in a high interest rate climate for a while. Im staying in stocks and looking for opportunities to buy some beat up companies but proceed very carefully right now.
1st chart : Job Openings Boom
2nd chart Yields at 16 year high and climbing