mikes425
Commander
generally happy in semi-retirement and dividend income-land
Posts: 126
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Post by mikes425 on Jul 14, 2023 20:03:02 GMT
I've been immersed in a major project yesterday and today and just caught a glimpse of a major drop in my PF today
Seems odd on the heels of what was touted as some good economic indicators this week. Bond funds were hit hard!
What's the short story of what's going on now? Just seems like another 'can't catch a break' week... Anymore good news
is bad news(?) Pardon any naivete on this but have been striving to ignore financial media hype lately. Still...curious; )
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Post by steadyeddy on Jul 14, 2023 20:32:41 GMT
I've been immersed in a major project yesterday and today and just caught a glimpse of a major drop in my PF today Seems odd on the heels of what was touted as some good economic indicators this week. Bond funds were hit hard! What's the short story of what's going on now? Just seems like another 'can't catch a break' week... Anymore good news is bad news(?) Pardon any naivete on this but have been striving to ignore financial media hype lately. Still...curious; ) , which bond funds were hit hard?! I see a fractional loss in most bond funds.... the market was relatively flat all around. |
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Post by uncleharley on Jul 14, 2023 20:53:33 GMT
I would sum it up by saying it was a crazy week with a sober friday.
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mikes425
Commander
generally happy in semi-retirement and dividend income-land
Posts: 126
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Post by mikes425 on Jul 14, 2023 21:28:53 GMT
mikes425 , which bond funds were hit hard?! I see a fractional loss in most bond funds....
the market was relatively flat all around. , VCSH, SCHO (2 yr treas), SHY (ST) SCHP (Tips) all down notably. only behind SCHD, VYM and a Schwab SC ETF. |
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Post by steadyeddy on Jul 15, 2023 2:26:14 GMT
mikes425 , which bond funds were hit hard?! I see a fractional loss in most bond funds....
the market was relatively flat all around. , VCSH, SCHO (2 yr treas), SHY (ST) SCHP (Tips) all down notably. only behind SCHD, VYM and a Schwab SC ETF. , yeah VCSH is down 0.4%, SCHO much less than that, and of course VYM/SCHD went down (I think) because yields appear to be rising again and dividend stocks lose their shine when that happens. Overall, I still think it is a fairly normal fluctuations for those ETFs. You may see all this through a different lens and come to a different conclusion? |
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