As we speak obtained lots of people anxious as a result of it was a reasonably poor day, for no apparent causes. Right here is the most effective clarification i discovered: https://www.cnbc.com/2021/03/23/pension-funds-have-to-buy-bonds-to-rebalance-portfolios-and-that-might-be-good-for-stocks.html
In brief, it appears like loads of large pension funds offered loads of shares to purchase bonds as their quarterly rebalancing. This explains why the Yields truly went down lots whereas the remainder of the market as a complete was tanking.
However should you seen, one factor did effectively: FAANG. Why? as a result of analysts anticipate the yields happening to assist the big cap progress shares.
However i feel as soon as the big funds are achieved rebalancing, folks will purchase again into the marketplace for certain with the low yields, and we should always see progress doing higher.
I believe crucial factor is to not panic and maintain to our purple positions… If the feds was capable of save us from an enormous covid crash, they will save us from a tiny dip that was brought on by actually nothing lol
Be aware: I anticipate April may nonetheless be unstable, however i actually assume the summer season will good to us, and This autumn even higher =)