FAST RISING YIELDS PUT PRESSURE ON THE STOCK MARKET, NEW EARNINGS DISAPPOINT
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Fast Rising Yields
Please click here for a chart of Snap (SNAP).
Note the following:
- Yields are rising fast this morning putting pressure on the stock market.
- There are two reasons for fast rising yields. The Arora Report members had advance notice of both.
- The Japanese yen has breached the psychologically important level of 150. It is now trading at 151.9200 as of this writing in the pre-market. This is a move of 1.2199%. For a major currency, this is a very large move.
October 21, 2022