Payne's Perspective: February 14, 2022: Too Much Noise - Too Much Panic
There were few places unscathed last week. In the S&P, Energy (XLE), Financials (XLF) and Materials (XLB) held up, but stocks were hammered, and bonds reversed out of a tailspin.
After the longest correction in history, bonds reversed course on Friday, as everyone raced to get the most prestigious asset in the world in the face of a potential invasion of Ukraine.
It’s hard not to see yields moving back up and bonds stumbling again – you have to be in stocks, but right now, cash is king.
10-year bond Yield (five-day chart)
To read the full report, contact your account representative or email Research@wstreet.com
More Articles by Charles Payne
Payne's Perspective: March 27, 2023: Coming into Focus
Payne's Perspective: March 20, 2023: Whatever, Janet
Payne's Perspective: March 13, 2023: Will Banks Tap Out?
Add a Comment!
Products & Services |
In The Media |
About Us |
All Rights Reserved.