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@anonymous · Nov 1, 2019

Stock Market Summary June 10Th Auto Insurance At The Days Leaders And Laggards

Yields on U.S. Treasuries are soaring higher at the WSJ's Jon Hilsenrath (thought to because the Fed's media outlet) published an article on Friday stating that the central bank has mapped out a plan to throttle back its $85B 30 days in bond-purchases. The Fed plans on clarifying its plan the actual markets don't overreact. An additional catalyst driving up yields is renewed optimism that central bank stimulus plans are helping to bolster the world economy.

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At the close of business on Wednesday October 9, 2002, the S&P 500 bottomed at 777 prior to a bull market run that gained 101% to peak at 1565 on October 9, 2007, exactly over to the day after the bear market bottom. The headline in the industry section of USA Today on Thursday morning October 10, 2002 was "Where's the Bottom, No Lead to Sight" (source: USA Today).