Josh brown its been a safe spot for august its entirely to be expected where bond yields. I was asking people today, you can have a 30year treasury, or and whatever up side you might get. Yielding 4. 17 , plus a buyback, which one do you want . I was amaze d you dont think tl is volatile . Or look at the balance sheet, too much dead. Theyre supposed to have a lot of debt. The other pushback is the bond picture details something recessionary but there are some categories better than Others Companies that have a business that seems to be less reliant on discretionary Consumer Spending. Its that they will provide padding or cushioning. I dont know how much cushioning there is left at these prices. Bo pisani is diving back into new controversial brexit headlines, and mike santoli nice rally. Energy stocking keep going down okay, most of the stocks are down, and many are near lows routinely. They had very missioned everyone results. Look at the months, and dillards and khols down, most of t
World cut rates. China weakening the currency again overnight. A perfect guest to discussion the swings in the market, former treasury secretary jack lew joining us thats coming up on closing bell. First right to the market action, joining us for the hour is josh brown. Whats turning things around here oh, my god, this is like what we live for, right it was pretty dire this morning. In the last five days, i have shift fred bearish back to bullish, then bearish, then superbearish. I was lutheran for a minute now i know youre joking. I am personally highly susceptible. I know this about myself, and every investor should think about their own behaviors. Im hidely susceptible to the lines i see in front of me not that i will react to all of them, but if youre not going through that, maybe check your pulse, that is what markets are designed to do, and i think the people that radically shift their views based on price act are the people who end up paying the volatility tax what led the comeb
Josh, great to see you. Glad to be here a tight trading range for the major averages this week. Yeah. How would you sum it up so far. I think whats interesting is there seems to be this rotating cast of stocks that are working against the averaging, so today is transport i think three out of the worst stocks are railroads, some of the big ones being hit hard. Theyre not very important in terms of waiting, but very important in terms of people paying attention, either because theyre technically inclined and because they think thats a important technical indicator, or theyre people that think its an economic story that needs to be understood, and theres some skinned of bowling pin effect but i think the bigger story is that some very important stocks to the market cap weighting of the s p, netflix being a reasonable story as well theyve gotten smacked down where they could have broken out. And netflix having a tough week. And thats got an impact on psychology and on the construction of t
Bond-based exchange-traded funds are increasing in popularity, researcher Morningstar reported on Wednesday. ETFs based on taxable bonds saw net inflows of more than $32 billion, the most among the major asset classes, according to Morningstar. Vanguard s Total Bond Market fund(BND)and iShares. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to: