- When buying a new car is cheaper than buying a used one – Edmunds.com
- The best time to buy an airline ticket – WSJ
- Don’t get an MBA – Philip Delves Broughton, The Economist
- Why we use debit cards instead of credit cards – David Evans
AUTHOR
Mick Weinstein
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The US Treasury market experienced some unusual trading activity, with the UST 2-Year yield surging by 70 bps in February and then tacking on another post-Powell increase of 25 bps, reaching a peak of 5.07%, the first time eclipsing the ‘5%’ threshold since 2007.
The declining Citigroup Economic Surprise Index may be flashing a near-term stock market warning signal.
One can think of the current stock market in real estate terms – it’s a building with wonderful curb appeal, but its pleasant facade hides some structural issues that might be compromising the edifice’s overall integrity.