The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation? | |  | If you've never watched financial media before, you'd think the sky was falling. If you listen to me, however, you know that we can usually ignore those narratives.
Taking center stage among Monday's headlines is the ongoing "debate" about whether to raise the debt ceiling.
This meaningless back-and-forth has been part of the fabric of our financial conversation since mortgage-backed securities almost blew up the world back in 2008...
Spoiler alert… This is all for show.
It doesn't matter if Democrats, Republicans or frickin' aliens are in charge of the country, we're going to raise the debt ceiling in 2021.
Why? Because we have to. | | | | | | | | Big things are happening this week…
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So be sure to click on the button below to access Tom's new trading strategy while we still can. | | Get in Here Now! | | |  | Crypto Rally, Merck Pill Put a Positive Spin on a Wild Week | October 1, 2021 | While interest rates, the debt ceiling and the ever-shrinking infrastructure bill may have driven headlines this week... the media doesn't drive the market — actual data does. And as I've said a hundred times: ignore the headlines when trading. | | Continue Reading | | | | Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions. | | | | |
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