The Market’s Underlying Strength Is Broad-Based
In hisDaily Market Notes report to investors, while commenting on the market’s underlying strength, Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more Underlying StrengthFutures were green right up until the open. Interestingly, US Treasury yields drifted lower before the open and more so afterwards on the heels of very high inflation numbers last week. This yield movement is also disconnected from the relationship with high valued growth stocks, down today in the face of lower yields, which have had an inverse movement from the direction of interest rates for most of the ...