Yields going up even when the Fed cuts is basically the market saying they don’t fully trust the government has inflation under control. If inflation is still sticky or the government isn’t getting its debt under control, they’ll demand higher yields to hold t-bills....so cuts don’t really matter if the market still sees risk.
Just go to Twitter and look at all the bots with @Jessica3735182 as a username pretending to be "George Cummington, TA specialist" and pumping shitcos
https://x.com/JenniferCa14872/status/1998204932302700927?t=nRSfp2u7dSBa1F9G7Pi47g&s=19
Example: @JenniferCa14872 is "Mark Lipacis, a Senior Equity Researcher" LMAO
I work for company A that contracts a few dozen people out to company B. Company B was looking to swap to Company C instead, but now realizes that their decision was premature as company C has shown a complete lack of product knowledge 💀
It´s not extortion. It´s insurance. Or in this case non congressional taxation. Don´t ask to many questions, dude. Would be a shame if something happened to your portfolio...