Stocks are getting absolutely smashed, and if bond yields continue to rise, it will get way worse…‼️
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Literally every major equity index is in the red over the last month:
S&_P 500: -5.31%
DOW JONES: -4.39%
NASDAQ: -5.71%
S&_P/ASX200: -4.57%
NIKKEI 225: -6.52%
NIFTY 50: -0.33%
Stocks are getting absolutely smashed, and if bond yields continue to rise, it will get way worse…‼️