09-SEPTEMBER 29-2021

Current Events 2021Good morning.
Yesterday’s rout in the stock market is being blamed on rising Treasury yields once again.  That’s the third time this year.  It’s also the third time the stock market has thrown a tantrum over the 10-year yield hitting a 1.5 percent.
With inflation measures currently around 5 percent, today’s bond investors are guaranteed to lose 3.5 percent in real terms when making that 10-year investment.  And any payments they do receive are subject to federal income taxes.
So once again, the stock market is showing fear over an event that hasn’t caused the market any major problems yet.  But add in the debt ceiling default potential in the next month and the Evergrande collapse, and the markets may continue to drop, just not for the reason many suspect.

Now here’s the rest of the news:

Biden’s IRS Bank Account Snooping Plan Faces Mounting Opposition –Megan Henney,FOX Business
Under the plan, banks and other financial institutions would be required to annually report customers’ account inflows and outflows of $600 or more to the IRS… [Read Here]

September 29, 2020

Done-My-Way-By-Someone-ElseGood morning.
Stocks continued to move higher, even as total Covid-19 deaths neared the 1 million market globally.  That may have to do with the lower overall mortality rates now that more data is in, or from decreased chances of another big lock-down, which would allow the economy to recover.
Or it may simply be the result of stocks getting so oversold in the short-term that they hit correction territory and were due for a bounce.  So far, there’s no sign of the rally taking stocks back to all-time highs, but it’s a nice relief from a sea of red.

Now here’s the rest of the news:

 

September 29, 2019

Each DarrenDaily message usually expires in 72 hours … not here … I like to go back and hear it over again and again to re-enforce its great message.  Darren is speaking now about:

Finding Exactly What You Want No Matter What

Terrific Message to cherish for life!  😉

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Come From Aways, Do You?

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