Addis Agora speakers club | United States America (US)

Create: 2024-03-06 Update: 2024-04-27 16:20:03

You are invited to join the Addis Agora Speakers, a community of passionate and inspiring speakers who share their stories and insights weekly. Whether you want to improve your public speaking skills, learn from others, or simply enjoy a lively and friendly atmosphere, you are welcome to attend our weekly speech session. Don't miss this opportunity to connect with like-minded people and discover new perspectives. We look forward to seeing you there!

Friday, March 08, 2024

🕧 06:00 PM (12:00 Local time)

📌 Magnolia Hotel

💵 80 Birr

For more info: @beamlaku @joseph_hamelberg @faseee99

Addis Agora speakers club

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Addis Agora speakers club

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Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

You are invited to join the Addis Agora Speakers

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