Monday, August 24, 2020

DOW makes historical changes ...

 Exxon, Raytheon & Pfizer are out (oil & old pharma) and replacing them are:

Amgen, Salesforce & Honeywell- tech & biotech ..!

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30Y treas auction rates above 5p

Last it happend was in Aug 2007 - about 20Y ago and a market peak which broght the real estate and financial crisis..!