With inflation at 8.6% - buying MBS paying 4-5% locks in a negative yield - no wonder MBS went no bid on Friday. To me this implies the 10 year and mortgage rates moving up significantly. Consumer sentiment at an all time low sounds about right. Hard landings are no fun.
@bobboobobobo Some retailers give shelf space and promos in exchange for equity. I'm surprised more don't do it. Retailers help build the brand then most get nothing when the company gets sold.
The S&P 500 map has been friendly for 2021. Seems like multiple expansion contributed a lot. Anyone know an easy way / source to quantify this?
https://t.co/9gQDdJoDfM