A 'funny' thing happened a month ago. The Treasury yield curve suddenly started to collapse... despite gains in stocks and positive economi data surprises... the question is, why?
Here's one possible reason why..
Originally submitted by GovTrader,
TL/DR: Tax reform creates pension fund incentive to buy 30yr bonds NOW.
TL/DR: Tax reform creates pension fund incentive to buy 30yr bonds NOW.
In an era where Amazon steals most of the headlines, it’s easy to forget about brick-and-mortar retailers like Walmart.
But, even though the market values the Bezos e-commerce juggernaut at about twice the sum of Walmart, Visual Capitalist's Jeff Desjardins notes that the blue big-box store is very formidable in other ways. For example, revenue and earnings are two areas where Walmart still reigns supreme, and the stock just hit all-time highs yesterday on an earnings beat.
Authored by Constantin Gurdgiev via CaymanFinancialReview.com,
Authored by Adam Taggart via PeakProsperity.com,
Frankly put: retirement is now a myth for the majority...
The Origins Of The Retirement Plan
Back during the Revolutionary War, the Continental Congress promised a monthly lifetime income to soldiers who fought and survived the conflict. This guaranteed income stream, called a "pension", was again offered to soldiers in the Civil War and every American war since.