Business Anchor @BloombergTV. Penchant for tech, restaurants & Jay-Z...Views are my own.
Lyft erases gains as announces it will end its share lock-up period early...so market expecting supply pressure om stock price from Aug 19
Italian political instability gets to the brink...watch Italian bonds again tomorrow SALVINI CALLS FOR CONFIDENCE VOTE ON ITALY GOVT NEXT WEEK
Back to the "everything" rally... S&P500 +1.6% US 10Y Govt Bonds rise, yields fall back to 1.71%
Worst day for global stocks this year...>$1T wiped off according to MSCI All-Country World Index
Watch #wayfair #amazon #etsy stocks...dropping after US Supreme Court overturns #Quill ruling...states can now collect billions of dollars in sales taxes from #internet retailers that don’t currently charge tax to their customers.
TREASURY 3M-10Y YIELD CURVE INVERTS FOR FIRST TIME SINCE 2007 This is the spread that the San Francisco#Fed has called the most useful for forecasting #recessions & BMO Capital referred to it as “invert that hurts” in terms of putting pressure on corp profits