BBWI - Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast will be available on Seeking Alpha, iTunes, Stitcher and Spotify. Check out original Seeking Alpha show The Weekend Bite! This week we discuss ETFs in the energy and cyber sectors, why Tesla is a sell after Musk's attempt to buy Twitter and whether we're in a risk on or risk off market. With Michelle Culver, VP Portfolio Strategist at Global X, and David Trainer, CEO of New Constructs. Stocks meandered lower in late trading on Thursday, deepening losses for all three of the market’s benchmark indexes in the holiday-shortened trading week. The moves came as investors focused on inflation with Treasury yields climbing higher, and back-to-back inflation reports showed prices posting record advances. On Thursday, the benchmark 10-year U.S. Treasury yield ramped up to multiyear highs, climbing 14 basis points to 2.83%. Major banks including Goldman Sachs, Morgan Stanley

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Wall Street Breakfast: What Moved Markets