As rates continue to rise, it is no surprise, a number of financial stocks are going higher. Higher Treasury yields can give a boost to bank earnings, because that can increase the spread between what the banks make on longer-term assets and what they pay for shorter-term liabilities. With rates continuing to rise, banks could further benefit.

"Find something you would die for and live for it."

'Wall of worry is the financial markets’ periodic tendency to surmount a host of negative factors and keep ascending. Wall of worry is generally used in connection with the stock markets, referring to their resilience when running into a temporary stumbling block, rather than a permanent impediment to a market advance.'

Enjoy your wins while they last as always nothing remains too good for too long !

Have a great weekend!

The U.S. Department of Justice said it would discuss concerns that social media platforms are "intentionally stifling the free exchange of ideas".

https://www.tradingview.com/x/fNBBX48t/

Last week was tough for leading momentum stocks with most selling down as money rotated from growth stocks into more defensive names as well as stocks in the Dow Jones Industrials. Last week could be just the start of more volatility to come for the next few weeks.

Stocks traded sideways on this last day of August, wrapping up the week modestly in the green and leaving the S&P 500 higher by 8.5% year-to-date.

https://www.tradingview.com/x/XXZebHdj/

'It’s official. By one widely accepted definition, we’re now living through the longest bull market in US history. The S&P 500 marches on, now having gone a record 3,452 consecutive days without declining 20%. That beats the old record-holding bull market that ran from 1990–2000'

The S&P celebrated last week by touching all-time highs for the first time since late 

January. Nothing can stop US equities lately: In the last few months they’ve 

shrugged off news of trade wars, the Trump investigation, emerging markets 

contagion, and a 20% plunge in Facebook (FB).

It’s not just American stocks flexing their muscles. The US dollar is also ripping to

2018 highs, driven by the Federal Reserve’s monetary tightening. The Fed

continues to raise interest rates, while most other central banks around the world

are either standing pat or easing.

As Real Vision subscribers know, the dollar is the “key to everything.” Dollars

grease the wheels of global finance. When they are cheap and plentiful, markets

tend to be calm and happy.

But a rapidly rising dollar can cause a lot of pain, as any investor holding emerging

market assets will tell you. Many EM currencies, like the Turkish lira and Brazilian

real, are getting annihilated. EM stocks have been tough to own as well. The

popular ETF VWO has tanked about 20% since January, putting it in official bear

market territory.

The S&P celebrated last week by touching all-time highs for the first time since late 

January. Nothing can stop US equities lately: In the last few months they’ve 

shrugged off news of trade wars, the Trump investigation, emerging markets 

contagion, and a 20% plunge in Facebook (FB).

It’s not just American stocks flexing their muscles. The US dollar is also ripping to

2018 highs, driven by the Federal Reserve’s monetary tightening. The Fed

continues to raise interest rates, while most other central banks around the world

are either standing pat or easing.

As Real Vision subscribers know, the dollar is the “key to everything.” Dollars

grease the wheels of global finance. When they are cheap and plentiful, markets

tend to be calm and happy.

But a rapidly rising dollar can cause a lot of pain, as any investor holding emerging

market assets will tell you. Many EM currencies, like the Turkish lira and Brazilian

real, are getting annihilated. EM stocks have been tough to own as well. The

popular ETF VWO has tanked about 20% since January, putting it in official bear

market territory.

The S&P celebrated last week by touching all-time highs for the first time since late 

January. Nothing can stop US equities lately: In the last few months they’ve 

shrugged off news of trade wars, the Trump investigation, emerging markets 

contagion, and a 20% plunge in Facebook (FB).

It’s not just American stocks flexing their muscles. The US dollar is also ripping to

2018 highs, driven by the Federal Reserve’s monetary tightening. The Fed

continues to raise interest rates, while most other central banks around the world

are either standing pat or easing.

As Real Vision subscribers know, the dollar is the “key to everything.” Dollars

grease the wheels of global finance. When they are cheap and plentiful, markets

tend to be calm and happy.

But a rapidly rising dollar can cause a lot of pain, as any investor holding emerging

market assets will tell you. Many EM currencies, like the Turkish lira and Brazilian

real, are getting annihilated. EM stocks have been tough to own as well. The

popular ETF VWO has tanked about 20% since January, putting it in official bear

market territory.

The S&P celebrated last week by touching all-time highs for the first time since late 

January. Nothing can stop US equities lately: In the last few months they’ve 

shrugged off news of trade wars, the Trump investigation, emerging markets 

contagion, and a 20% plunge in Facebook (FB).

It’s not just American stocks flexing their muscles. The US dollar is also ripping to

2018 highs, driven by the Federal Reserve’s monetary tightening. The Fed

continues to raise interest rates, while most other central banks around the world

are either standing pat or easing.

As Real Vision subscribers know, the dollar is the “key to everything.” Dollars

grease the wheels of global finance. When they are cheap and plentiful, markets

tend to be calm and happy.

But a rapidly rising dollar can cause a lot of pain, as any investor holding emerging

market assets will tell you. Many EM currencies, like the Turkish lira and Brazilian

real, are getting annihilated. EM stocks have been tough to own as well. The

popular ETF VWO has tanked about 20% since January, putting it in official bear

market territory.

'Over 60% of Top 100 Cryptocurrencies have no working product, study claims'

https://news.bitcoin.com/over-60-of-top-100-cryptocurrencies-have-no-working-product-study-claims/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications