Because of weather, they did not open the gate until just now at 4:30 PM at VOA country festival in West Chester. Look at the line of diehards waiting to get in. @WLWT
The market capitalization of all U.S. stocks is approaching $80 trillion, roughly 2.5X U.S. GDP ($32 trillion) and equal to half of the market cap of the entire world. Never seen before. The percentage of tech as a share of the S&P market cap is over 50%, also a record
When I was young and in college my dream for my future was a decent job, a house, married, a yellow lab and land. I have everything I dreamed and prayed for. I feel rich and very blessed . I honestly feel sorry for people who think rich is money and material things. Sad.
$4.25-$4.40/gal becoming possible for a national average gas price with diesel likely going to $5.35-$5.50/gal for a national average in the next couple weeks
The 10-year bond yield just hit a new 52-week high.
Expect the 30-year fixed mortgage to do so as well today.
And now the thought of a 7-handle is back on the table.
Mortgage Rates Rise to 6.77%, Highest in a Year, on Bond Market Fears of Inflation & Debt. But with 3.5% to 4% inflation now, the โrealโ 30-yr mortgage rate is only at ~3%, relatively low compared to the periods before 2009 before Fed QE
https://t.co/kjsGJMZQUG