Market Update

On this day in history, October 23rd 1981, the US National debt officially hits $1T. Remember when that used to be a lot of money?

Today in history, the yield curve is back to the highest level since late March:

Economic Data Today:

News of the Day:  

Stocks rally, Treasury yields hit highs on stimulus hopes –

U.S. Business Activity Strongest in 20 Months, IHS Markit Says –

Stocks Typically Climb, Regardless of Who’s in the White House –

Other News & Blogs:

Rotation –

Lots of Overnight Tragedies, No Overnight Miracles – (I second Mike Pasieka’s recommendation to read, Psychology of Money by Morgan). –

How solitude and isolation can affect your social skills (projection) –

Weekend Podcast Recommendations:

Masters in Business – Ray Dalio on the Decline of Real Interest Rates (Ok Boomer) –

Odd Lots – Benoît Cœuré On Central Bank Digital Currencies And The Future Of Monetary Policy (Ok Gen Z) –

Invest Like the Best – Ben Gilbert and David Rosenthal of Acquired – Lessons on Early Stage Investing and Getting Acquired (V Meta) –


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s