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September 26, 2005

Bond yields up, stocks down, Mon., Sept. 26, 2005, 2:50 PM

So far today things are going my way: bonds down (as yields are up), stocks down (except the goldminers) and post-Rita crude oil holding and in fact gaining.

I suspect that traders are concerned about inflation, as I have been saying.


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I also made note today that the greatest CNBC Bull of them all, Joe Battipaglia, has joined my side, which is to say "balanced" and pragmatic.

Posted by Posted by Bill Cara on September 26, 2005 02:50:36 PM | Category: Cara Today in the Market