Satellite Portfolio Allocation Holdings SPDR Barclays Capital High Yield Bnd ETF, JNKiShares Preferred and Income Securities ETF, PFFVanguard Health Care ETF, VHTInvesco QQQ Trust, QQQiShares China Large-Cap ETF, FXIVanEck Vectors Semiconductor ETF, SMHNew TransactionsAccumulate VanEck Vectors Semiconductor ETF, SMHAccumulate Vanguard Health Care ETF, VHT
When the yield curve flattens, people are expecting the future economy growth to slow down and the market comes down. When the yield curve steepens, the bonds yields are becoming more attractive compare to equities and people rotate out of equities, resulting in market to come down. In conclusion, the market is constantly expecting a sell down throughout the year regardless of the bond yields. If only predicting the market is so easy…
Market moves in either way and it is the people that frame it such that a particular factor is influencing the market direction. Instead of trying to find a reason to justify...