From Bloomberg... Investors in U.S. stocks have little reason for concern that the yield on 10-year Treasury notes surpassed 3 percent last week, according to Sam Stovall, CFRA Inc.’s chief investment strategist. In a report Monday, Stovall cited figures on the S&P 500 Index’s performance in months with rising yields during the past 65 years. … Continue reading What 10-year yield matters most for stocks?
Economy and stock market’s fundamentals are strong right now. Year-over-year earnings growth is currently at 20%. It looks like the final year-over-year earnings growth for 2018 will probably be somewhere closer to 15%. The yield curve is still positive (Yield curve is bearish for the market once it becomes inverted). Inflation growth is still muted. … Continue reading Is the Market Stuck?