🌐𝗗𝗮𝗶𝗹𝘆 𝗠𝗮𝗰𝗿𝗼 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀🌐
LOWER BOND YIELDS: US 10-year bond prices have fallen sharply, and yields doubled this year to 3%. This has driven equity valuations below average and led to the correction. Our updated copper/gold ratio shows bond yields may have overshot (see chart). This... 顯示更多 翻譯
The US stock market $SPX500 is down 18,37% year to date.
If you look at individual sectors, you can see a more fragmented picture.
The most defensive stock sectors, consisting of stocks that deliver goods and services that are needed all the time, namely healthcare, consumer staples and utilities,... 顯示更多 翻譯
The Energy $XLE sector was one of the few positive areas of the market up +1.23%. Healthcare $XLV and Utilities $XLU also eked out gains ,Consumer sectors were the weak spots with Consumer Staples $XLP falling -8.12% and Consumer Discretionary $XLY sinking -7.82% taking the biggest hits, while Industrials... 顯示更多 翻譯
👞 Another Shoe Falls Off
📈 There were 3 sectors that investors were able to hide during this equity $SPY, $SPX500 sell-off. The latest to fall away from haven status is $XLP Consumer Staples. Two remain: $XLE Energy and $XLU Utilities.
Led by $WMT (Walmart Inc.) Walmart, these dependable and stable... 顯示更多 翻譯