Some important trading/life lessons I have learnt through my 10 years being in this profession:
1) Credit markets push capital through rotations and cycles. Understanding this allows for understanding of every other asset class (The dollar is used to purchase other assets).
Some investors are freaking out over the US treasury yield rising above 5%. Is it way too high? if you look at the last 73 years, the average (mean) 10Y yield was at 5.52%. So, we are still below the long term average.
Will high yields crash the stock market? Well, if you look at the data since 1950s, there is no clear correlation between stock market returns and average 10 Year yields
In the 1990s, when the average yield was 6.7%, stocks gained 18.2% annually. In the 1960s, when the average yield was 4.7%, stocks gained only 7.8% annually.
@kunchenguid Can you do a breakdown on how to best use firstmate with windows and set it up on a windows PC please ? Like harness setup, config for herdr and other tips you may have ? Also how do you decide effort / model choices for planning spec vs. implementing the spec ?
A fully and rapidly reusable rocket will fundamentally change how humanity accesses outer space. โThe Holy Grail of Rocketryโ continues the ongoing Starship series with a look back at the scrappy days of SpaceX engineers proving reuse was possible and takes you onboard a high-seas race to recover a floating Starship
I canโt wait till Cybercabs show up in Singapore and absolutely obliterate the local cab drivers/grab/Gojek private drivers.
Only a matter of time now.
@ClaudeDevs@amorriscode Please give users the option to reset when they want instead of like this where it isnโt fair for people whoโs limits reset yesterday/today.
@theficouple Having debt isnโt a problem - not paying it off is.
To me a no brainer to invest in the stock market and use the dividends to pay interest.