TSM

Weekly Update

A Bullish Scenario


Published January 17, 2025

While markets have been cautious over the past few weeks, our friends at Delta Research summarize how the tide might be turning. Here is what they see:

“Since reaching a low of about 3.6% in September, the 10-year treasury rate ran up to 4.8% this week. As the rate went higher, high stock valuations and economic growth assumptions were increasingly at risk. (more…)