Since 1950, there have been 17 other instances when the s p is up nearly 20 on the year. The index finished positive the following year 82 of the time. Positive the following year, the s p finished with a gain of at least 7 , 86 of the time. Given the rally, its not surprising that stocks mutual funds are set to see their first annual inflows since 2005. But not everyone is convinced or confidence in this run up. Investorers forward more than 21 billion into money market funds on fears of a potential pullback for stocks. Those came as investors pulled funds from the previous week. Now, we are watching the tenyear. Now, the bet was on the tenyear. I dont know if we want to do the bowing now or how we want to work this. You said they werent going to taper. Im out of this. I lost. Im not even trying. Listen, here is the deal. And even on that friday i forgot about the bet. But on the friday when it was supposed to end and it was the close of that day, it was less than two basis points hig
News coming in. It was the philly fed that looked like things were turning around. Yeah. Higher in western europe, becky, but an entirely different story in russia. Lets get to that. Russian deputy finance minister saying he expects no big Immediate Impact from western sanctions on russias financial sector. And he argued that the countrys creditworthiness has not worsened. U. S. Imposed a second wave of sanctions on moscow yesterday, and the European Union is expected to announce measures over russias moves to the next crimea region of ukraine. Russian officials criticized the downgrade of russias trading outlook. Saying there was no basis for the move. The s p and fitch provides their longterm assets on russias debt from negative to stable. So far, the russian markets are feeling the pinch. The russian rtx down almost another 3 right now. While the broader miex micex i. Their version of the down is down over 21 over three months. It is down 24 over the past 12 months. Nothing short of