The automotive battle to watch isn’t Tesla; it’s China vs the world
China is certainly seen as the manufacturing hub of the world but there’s one area of global production that’s largely untouched and it’s the biggest one: Automotive. There aren’t many countries where you would see an Chinese built or designed vehicle on the roads but that may soon change, and it could be far more […]
What isn’t in sync are rates today? Yields.
The US stocks are bulled up today, with the Nasdaq leading the way in the major indices with a gain of 1.48%. The riskier stocks as measured by Cathy Woods ARK Innovation fund is doing even better with a gain of 2.85%. Typically, lower yields help that flow, but if you look at the US […]