/biz/ - Business & Finance

Anyone explain to me why when treasury yields go up, pms go down?

Yield goes up, they say dollar goes up, but equities go down. I thought equities and pms were reverse correlated

>>25722636
went 80% in PLTR @10-13 and then bought the SPAC that merged with LAZR

>>22469610
I haven't read annual reports but heres my analysis from someone within Silicon Valley. They are pioneers in the gig economy and have a strong position for growth in all of the areas they're invested in. Their staggering low market price has been led by 1) optics on unethical internal practices 2) governmental limitation on the way their contractual services are defined. Once these two issues are "solved," the stock will rise to a justified above-100 price point. The time this will take to happen, is unknown due to the pandemic. I'm estimating between a year or two; but it can be as long as five. The stock will crab with intermittent pumps and dumps between 29-45 for the next year at the maximum. Competition-wise, Lyft has been positioning itself relative to the company but only truly holds comparability in ride-sharing capabilities. Less so in the more heavily valued areas, such as autonomous vehicles (note: this stride would effectively eliminate (2) and drive price targets above 500). The only competition on this latter point is Tesla, they will and can pivot and implement ride-sharing once their initial goals are met (though this, to me, seems less likely).

>>12415595
I mean I can definitely see why businesses have to use credit, and that's not even a new phenomenon to the economy. Businesses have always had to take loans, the amount of money it would take to stock even a small hardware store is astronomical compared to the amount of capital people have on hand. I just don't understand why the average John Q. Public would waste time and money on a piece of plastic and swipe away their life savings.

I've had people tell me too that it doesn't even cost any "extra" as long as you hypothetically paid everything off in full as soon as you get your statement and you have a credit card without an annual rate. But even then, the temptation is there that you could buy shit that you don't have all the money for. Don't understand why people would do that, but then again there are people who sit at a slot machine for 16 hours straight pissing away their grandkid's college fund too.