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< Storm - ستورم
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~𝙎𝙏𝙊𝙍𝙈𝟐𝟎𝟐𝟏 Telegram | DID YOU KNOW?
Tata Power whose core business is to generate, transmit and distribute electricity has made no money to investors in the last one decade. That is a big blunder considering it is one of the largest power generation companies in the country. One of the reasons is the company's huge debt levels which stood at ₹43,559 crore at the end of March 2021 compared to the company’s market capitalisation of ₹44,447 crore.
Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
~𝙎𝙏𝙊𝙍𝙈𝟐𝟎𝟐𝟏 from ESUSA US telegram Group & telegram Channel 10
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From: SPAIN and Czechia
Telegram < Storm - ستورم, 220003 Telegram Group & Telegram Channel SPAIN, USTelegram < Storm - ستورم, 220003 Telegram Group & Telegram Channel, Czechia, CZ
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