CNBC Mad Money July 13, 2024
Dragged down by the more powerful bond market taking 357 points, s p falling. 82 nasdaq advanced a basis point, stunning comback but lets not get too carried away, still the worst woke for the averages since the financial crisis the bond market is bigger than the stock market we dont talk about it because its boring. But its important to the direction of your portfolio. Everythings wrapped up in bond yields always has been. I learned that 40 years ago. There are multibillion dollar programs that sell stocks whenever those yields go down. Its form got as lows a 1. 1 today, closing at 1. 16 that...
Source: archive.org