US Stocks Are In Tug Of War With US Bonds Over Capital

US Stocks Are In Tug Of War With US Bonds Over Capital
According to Reuters, US stock markets fell between 1.5-and-2 percent on Oct. 10th.
The Dow Jones and S&P dropped 1.5-percent during morning trading, while the Nasdaq fell 2.2-percent.
By the numbers, the Dow Jones Industrial Average lost 400-points, with the Nasdaq Composite dropping 169-points, while the S&P 500 fell 44-points.
The abrupt downturn for Wall Street’s stock markets is tied into the federal bond market.
Ten-year US Treasury notes are near a seven year high.
According to Jack Ablin, the chief investment officer for Cresset Wealth Advisors, US stocks and bonds have been in a tug-of-war over capital for a decade.
http://feeds.reuters.com/~r/reuters/topNews/~3/11gp5Umc7rg/u-s-bond-yields-near-seven-year-high-stymie-world-stocks-recovery-idUSKCN1MK059

Home

This video was produced by YT Wochit Business using http://wochit.com

US Stocks Are In Tug Of War With US Bonds Over Capital