Today your host Josh and co-host Michelle discuss interest rates and bond yields, and these things relate to the stock market and the overall economy...and the big question of the day, are we headed for a recession?
Takeaways
- Apple, Microsoft, Alphabet (which is Google), Amazon, Nvdia, Meta (which is Facebook) and Tesla – have carried most of the water for the overall stock market averages for 2023
- Historical lag of monetary policy on the US economy, saying that it usually takes about 18 months for the full effect of rate hikes to kick in
- during the 1990's the average yield on 10 year treasury was 5.2%
