Even Short-term Traders Can’t Escape This

The small “i” is the yield on the graph above, and NPV is the price of any financial asset. I’m not sayin’, I’m just sayin’…. (dyor).

Shortest list of asset prices affected.

  • Nasdaq (ticker QQQ), the most interest-rate sensitive

  • Real estate values

  • Borrowing costs for auto loans and leases

Fed on tap this week, who will likely shrug off the Ukraine situation, and continue on its mission to attempt to control inflation by raising interest rates and reiterating its stance to sell some of its massive bond holdings (you can see this take everywhere, I’m taking zero credit for it).