KB
Diamond Member
- Nov 8, 1999
- 5,401
- 386
- 126
I was thinking earnings would bring some direction to this market, but I guess not. Where are people putting their money? Its not treasuries because the yield is going up and its not stocks because they are headed down. If its cash, then the market will be fine when all that cash wants to come back in.
Thats crazy about CAT. They beat numbers and raised outlook yet its still down 6%.
What else is crazy is the treasury yields are up near 3% and the utilities/reits are up, complete opposite of what has been happening. Yeah volatility!
Thats crazy about CAT. They beat numbers and raised outlook yet its still down 6%.
What else is crazy is the treasury yields are up near 3% and the utilities/reits are up, complete opposite of what has been happening. Yeah volatility!