SAIL - Wall Street Breakfast: Easing Fears
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Easing fears Back in January, we saw the GameStop (GME) phenomenon disrupt traditional trading patterns, though the saga ended quite quickly despite warnings of shifting power dynamics on Wall Street. Over the last week, we've seen new fears spread over market - inflation and rising bond yields. Could those also prove fleeting as "buy the dip" trends on Twitter?Quote: "The way in which interest rates have risen is not the type of rise that we would naturally associate with weakness in the equity market," said Morgan Stanley's Matthew Hornbach. "We're not seeing interest rates spike higher, we're not seeing a taper tantrum like we did in 2013, when interest rates rose 150 bps in the span of three months."Many have also been touting the "equity rotation"
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Wall Street Breakfast: Easing Fears