On the interior, a fabric twenty dollar bill is printed permanently inside so the owner always has money.
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Interactive Advisors
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Small caps underperform as yields rise due to higher financing costs and limited ability to refinance debt compared to large caps.
The middle of this week saw a volatile trading session, with the S&P 500 finishing up about 40 basis points. And then there was Nvidia doing its usual song and dance with the beat-and-raise routine it trots out every quarter.
Transports are starting to play catch-up. That’s a potentially good sign.
The impact of the Fed’s tapering will be a major wild card this year