The Long-Awaited Reopening Trade Has Finally Begun
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ValueWalk
ValueWalk
In hisDaily Market Notes report to investors, while commenting on reopening trade, Louis Navellier wrote: Unfazed MarketsStocks seem to have found their footing. The market appears to be unfazed by the risks that have haunted it for the first quarter and appear ready to grind higher with conviction. Q4 2021 hedge fund letters, conferences and more Even after the Fed made it clear yesterday that it is not afraid to add 50 basis points at the next increase if inflation doesn’t slow and interest rates rose across the board; 2-year is 2.19% and the 2-year/10-year spread is down to a very low 19 ba…