NewsFeeder
05-13-2018, 03:50 PM
Stock market turns corner as most risks are already priced in
The U.S. stock market seems to have turned the corner, overcoming concerns about inflation, rising rates, trade wars and other geopolitical issues, as witnessed by steady gains over the past six weeks. While it isn’t quite a goldilocks background for equities, it is certainly not as scary as people presumed only a few months ago, according to Karyn Cavanaugh, senior market strategist at Voya Financial. As much as it had been in headlines lately, the 10-year [Treasury] yield is still not breaking above 3%,” Cavanaugh said.
https://finance.yahoo.com/m/d7467a54-393d-3563-8eda-ead6ff08dfa9/stock-market-turns-corner-as.html?.tsrc=rss
The U.S. stock market seems to have turned the corner, overcoming concerns about inflation, rising rates, trade wars and other geopolitical issues, as witnessed by steady gains over the past six weeks. While it isn’t quite a goldilocks background for equities, it is certainly not as scary as people presumed only a few months ago, according to Karyn Cavanaugh, senior market strategist at Voya Financial. As much as it had been in headlines lately, the 10-year [Treasury] yield is still not breaking above 3%,” Cavanaugh said.
https://finance.yahoo.com/m/d7467a54-393d-3563-8eda-ead6ff08dfa9/stock-market-turns-corner-as.html?.tsrc=rss