Quote of the Day

"In bubbles, investors treat the leading companies as though they’re sure to maintain their leads for decades. Some do and some don’t, but change seems to be the rule more than persistence."

(Howard Marks)

Chart of the Day

A 5% 10-year Treasury is not out of the question.

(finance.yahoo.com)

Rates

ETFs

Streaming

Economy

Earlier on Abnormal Returns

Mixed media

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