I couldn't figure out why the 10 year treasury fell so hard yesterday. This morning I listened to this short 2:49 video where Tom Lee says it was due to the Pfizer Covid pill news. Basically he says "The market" thinks the Covid pill will Aleve some of the inflationary stress out there. Never would have thought it.https://www.cnbc.com/video/2021/11/05/tom-lee-says-the-marke...Jim
Never would have thought it.The question is, should you believe it. Me, I have no faith in talking heads that seem to always have an explanation after the fact, They don't get paid to be right, just to sound reasonable.
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