News Stocks 

Once a source of panic, the yield curve is validating stocks’ comeback and may crown the winners

“He looked at relative return going back 10 years, vs. the 2-year to 10-year yield curve” writes Patti Domm for cnbc.com. A steepening yield curve is a positive sign for growth, and those sectors are closely linked to cyclical performance of the economy.At that point, the 3-month Treasury yield was above the 10-year yield and they were moving farther apart.”Specifically, the yield curve is the most important macro factor we examined, with nearly 50% of stocks in our coverage universe and the S&P now demonstrating a statistical relationship between returns…

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News 

‘No need to panic’: Lebanon banking body tells depositors after unrest

“Sfeir spoke after meeting President Michel Aoun, the ministers of finance and economy, the central bank governor and other officials over the economic situation” writes Midwest Communications Inc for 95kqds.com. BEIRUT (Reuters) – Lebanese bank deposits are safe and there is no need to panic, the head of the banking association said on Saturday, seeking to calm nerves about restrictions on some withdrawals imposed after nationwide protests.”We confirm that depositors’ money is safe and what is happening has nothing to do with solvency and therefore, no need to panic,” the…

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News 

Democratic establishment is right to panic

“Last week, The New York Times published an eye-popping story about a recent dinner at a ritzy Manhattan hotel, where Democratic big donors fantasized about possible late entrants to the presidential race” writes Syndicated Columnist for seattletimes.com. While they share big donors’ commitment to defeating Trump, they are not willing to be restorationists.They are committed to defeating the centrist orthodoxy that Democratic leaders, largely under the influence of donors, have clung to for too long. Source: seattletimes.com

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Markets News Stocks 

‘This is now a new era’: A Wall Street quant guru says FOMO is driving ‘very strange’ behavior in markets — and describes how he’s positioned to profit from the anomaly

“Two corresponding exchange-traded fund include the SPDR Technology Select Sector ETF and the SPDR Energy Select Sector ETF. “It’s almost analogous to talking from both sides of your mouth,” he said” writes Christopher Competiello for businessinsider.com. Today’s market environment is anything but normal.That means he doesn’t try to make market calls, and doesn’t concern himself with any macroeconomic variables like interest rates, employment, or inflation.Wayne Himelsein, president and chief investment officer at Logica Capital Advisers, is trying to wrap his head around the market oddities he’s seeing.”We should be panicked…

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News Oil 

Here’s the ‘panic level’ for oil

“He might have added that crude oil prices doubled in the year leading up to the financial crash of 2008” writes Brett Arends for marketwatch.com. BOSTON — Worried about oil prices after the weekend’s raids on Saudi Arabia?. Oil is our monopoly transportation fuel.” Kopits noted that oil prices surged before the recession of 1958, the energy crisis recessions of the 1970s and early 1980s, and the 1990-1 recession.And even if the U.S. economy is less exposed to oil price fluctuations than it once was, that’s not the same for…

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Markets News 

To avoid panicking, worry — and take these steps — now | Your Funds

“Your portfolio right now may be like a leaky roof, just fine so long as the sun is shining” writes Syndicated Columnist for seattletimes.com. What you can take charge of, however, is the conditions in your own financial life could trigger panic mode.No matter what happens next with the stock market and the economy, experts agree on one thing: This is no time to panic. Source: seattletimes.com

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News 

Apocalyptic ‘roll cloud’ spanning hundreds of miles sparks mass panic on beach…

“An ominous cloud formation stretching hundreds of miles sparked mass panic when it was spotted on a beach” writes Simon Green for dailystar.co.uk. Chilling footage captured over Rio de Janeiro’s Sao Conrado beach in Brazil shows the rare tubular-shaped cloud rolling out across the sky.Sonia Mentes also saw the incredible sight and said it hung in the sky for five minutes. “Everything came to a standstill as people watched the phenomenon develop and the cloud ‘curl up’,” the beach kiosk owner said. “It looked like a rolled-up towel, like a…

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9 Ways To Get Through A Panic Attack

“These helps take the edge off the panic and get through a panic attack faster, says Sharma” writes Meryl Sebastian for huffingtonpost.com. Officially, at least four of the following symptoms need to occur for it to qualify as a panic attack, she says.This is how most people realise that what they experienced is a panic attack,” he says.HuffPost India spoke to experts to understand what a panic attack is, how to recognise one, how to get through it and when to seek professional help.So, what exactly is a panic attack?.  Source:…

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