High he thinks bitcoin is still headed spencer will be here to explain. Later, government intervention, the thing that sparked the blood booth, the kryptonite for crypto sheila bear will be here with a surprising call. Check out the dow, sinking triples digits after yesterdays huge rally the culprit, look no further than the bond market the tenyear yield entering critical area as it crossed above aty key little of 2. 6 founder says 263 is the line in this and where the rise in rates could accelerate quickly and take the market along with it. As we enter closer to the danger zone are the bonds the only thing that could enthis rally. Love that song. We have known each other a long time, 11 years a long time. For me to put the economist hat on, you know i mean its foolish for me even to play the game but i will say i could make an argument rising rates could be good for the market because the economies are growing, global economies are growing. It should be bullish for the equity market.
Again today. Dow advancing 70 points and the s p climbing whats going on here . Why the heck are Money Managers leaving the very best in order to pick at the raggedy rest . When i say nobody likes these stocks i say most of the bigtime Money Managers and an acts vift that we interviewed yesterday just didnt want to go to those areas. They didnt seem to like or trust these businesses. For example, bill akreman, smart guy, made companies with restaurants and railroads, said he fears buying into businesses that could be wiped out by a disruptive competitor virtually overnight. He likes Companies Like Warren Buffett describes a business that can be taken down from the proverbial better mousetrap. The Money Managers who repeatedly year after year have gone back to the stock because theyre cheap, have given in and surrendered and theyre not able to take the pain anymore. The house of pain too hard to analyze, and you what . These Money Managers might very well be right theoretically. I think
In Schenectady, Trustco Bank’s Mont Pleasant branch celebrated 100 years of service earlier this month with a ceremony that included a donation of 100 bicycles by the bank to students
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