US stocks plunged to the lowest since November 2020 as another group of Federal Reserve officials struck a hawkish tone, and turmoil in Europe continued to fray investor nerves.
Signs of stress emerged in the interest-rate swaps market and a leveraged-buyout deal was shelved. US Treasuries pared earlier losses, with the 10-year yield hovering around 3.76 per cent. “I was actually really surprised by the impact that the Bank of England had on the global market,” said Fiona Cincotta, senior financial markets analyst at City Index. “Yet, it was short-lived, the relief rally. We sort of pushed past that quite quickly and it seems to be back to that narrative of inflation fears, higher-interest-rate fears.”
Energy, miners and cannabis! 🇨🇦 tsx_tsxv
Since 2015: 65 - 70% of my investments have been in US equities. Little confidence in Trudeau and his Liberal Govt.
I invest in Canadian Equities, US Equities, European Equities, Asian Equities
I only invest in Canadian GICs
...because rate of exchange is a killer.
With this currency exchange….
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