US Treasury yields on the long end have risen to their highest level since November, dampening risk appetite and putting the S&P 500 on track for its third consecutive weekly decline.
The S&P 500’s dividend yield has moved down to 1.35%, the lowest since Q4/2021. The all-time low was 1.12% in Q1/2000. To put this in perspective: in the late 80s/early 90s the dividend yield stood at 3-4%.
The natural rate of interest is an important economic concept that signifies the point of equilibrium for the interest rate, at which inflation remains stable.
"Analysts now see operating margins for the first quarter at 15%, with the worst of the pain in the rear-view mirror as forecasts improve in the coming quarters."
"According to the American Association of Individual Investors’ weekly survey, its members are now the most bullish they have been since the 2021 'meme-stock' craze."
Tesla is taking a pounding! It has lost almost a third of its value since the start of this year. There is even talk of a potential EV market collapse.
