Global stock markets are higher this morning after Federal Reserve Chair Jerome Powell reminded investors that the central bank is still a long way away from raising short-term interest rates, helping send Dow futures up more than 100 points.
But as you’re about to see, the 10-year Treasury note is already down. So the Fed can say anything it wants when it comes to short-term interest rates, but it doesn’t mean it can control the price of the 10-year because it goes up based on futures prices…
And right now it looks like it’s going to take another leg down.
In today’s video, I have more on the relationship between bonds and yields… the best way to understand bond yields vs. stock market yield… the single biggest Fed report influencing stocks this week… and three top stocks to target right now.
P.S. This emmy-nominated journalist was sent a secret list from a former Wall Street analyst.
It contains a controversial truth about some of the richest CEOs and executives… About what they’re legally allowed to do to their own stock price.
You probably haven’t heard anything about this… because all this activity is done “behind closed doors.”
But if you look away from the stock market — and toward this “secret sector” instead — you can spot this quasi-legal activity up to 48 hours before the elites profit from their own moves.
And the Wall Street analyst who put this list together is pulling back the corporate veil on this shocking truth at 1 p.m. EST this Thursday.