02 febrero 2022

The Wall Street Journal : For Markets, the January Selloff Marks the End of the Pandemic .

 Para los Mercados, la Venta Masiva de Enero Marca el Final de la Pandemia . ( By The Wall Street Journal ) .


Stock Valuations And The 10-Year Treasury Yield Are Both Back To Where They Were Before The Covid19 Crisis .


To Look At Stock Valuations, The Pandemic Might Never Have Happened .


On Monday, the U.S. market closed its worst month since March 2020, with the S&P 500 falling 5.3%. The index has now lost all of its price gains since mid-October .


The technology-heavy Nasdaq has retreated further, because the sectors that have performed worse are those more affected by higher interest rates, which the Federal Reserve has said will be a reality this year. ...