A learned fool is more a fool than an ignorant fool.
WallStreetBets and the Art of Guerrilla Speculation
Global Markets: Good news not enough to lift equities
The steady improvements of the economy are helping modestly lift long-term interest rates in Canada and the U.S., but central-bank commitment to ultra-loose monetary policy has prevented a V-shaped rebound in long-term interest rates, in sharp contrast to stock prices. The yield on Canada’s 10yr bond grinded higher to end the month at 0.89% (from 0.68%). The uptick in interest rates was enough to leave benchmarked fixed-income assets down for the month (BMO Aggregate Bond Index ETF, ticker: ZAG, -1.1%)*. Optimism trickled to oil prices which climbed to $52.20 (from $48.52) as oil inventories, which remain elevated due to weak demand, nevertheless continued to trend lower in recent weeks.
Global Equity Factors: Momentum keeps its momentum
Time to Fear Higher Inflation and Interest Rates?
Outlook and Positioning: Vaccination tide will lift all markets
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