Nasdaq 100: Sandwiched, watch the US 10-year Treasury yield next
Macro factor takes over the driver seat for Nasdaq 100, watch 4.70% and 4.58% on the US 10-year Treasury yield
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Macro factor takes over the driver seat for Nasdaq 100, watch 4.70% and 4.58% on the US 10-year Treasury yield
The sky is falling in. inflation, it's a disaster. china is only growing at 7.5%, 6 to 7.5%. it's awful, it's terrible. which is it? the truth is china needs to slow down and moderate its growth, and that's exactly what we are seeing. but the market, the global markets live their life on the edge of a precipice fueled by sugar rushes of individual information, and that's why you get this volatility. and the difference from the past to now, as mikey was saying, it's hedge funds, it's trading. balancing this global economy in this new era ain't going to be easy. >> okay, the taper, mag zgie, t t...