Marcus Strategy Wednesday November 3rd 2021 - Bond market panic over. RBA Meeting was good. Iron ore. FOMC.
Manage episode 306206612 series 2695877
Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.
Feeling brave enough to call the end of the bond market panic after the RBA meeting yesterday. All the headlines they needed to put out they put out. Interest rates are not going up in the short term. Bond Yields are going down again and the equity market is relaxing. The iron ore price dropped 6%. Looking to time the bottom on the iron ore stocks still. Facebook gets rid of faces. COP 26 losing focus as the US have a spat with China and Russia. FOMC Meeting tonight. US jobs numbers on Friday. Bank dividends coming up.