Market Intelligence

What Happened to JNK?

October 10, 2014/in Investing/by Tom 2

What Happened to JNK?

Perhaps the most unnerving thing I saw yesterday was the big drop in JNK and rally in EUM. Given what the Fed did Wednesday, that is the exact opposite of what should have happened. And, this tells me yesterday’s sell-off was a lot more about escalating concerns about Europe and growth than dis-inflation.

To continue reading this analysis and find out whether it is time to get defensive on stocks or not, simply sign up for a free trial on the right hand side of this page.

Sevens Report
Free for 2 Weeks

Everything You Need to Know About the Markets by 7 a.m. Each Morning in Seven Minutes or Less.

How did you hear about us?

Market Intelligence

Did Powell Really Get More Hawkish on Tuesday?April 18, 2024 - 8:41 am
The political hope is meeting a financial reality, Tyler Richey told ABC News.April 17, 2024 - 10:18 am
Fed Expectations has hopes for a June rate cut dashed by the hot CPI reportApril 17, 2024 - 10:13 am

What Happened to JNK?

Address

Email

Phone