In this episode, Scott shares a market update-
- Markets relatively flat this yesterday. The S&P 500 was down .16% and the Nasdaq .59% yesterday. The Dow was flat.
- Crude rose back to $80.
- Bitcoin is holding its own at $16500 as the exchanges blow up around it. Fascinating to watch for the long run.
- The 1 year treasury yield jumped to 4.85%. It’s right near its 52 week high. The 10 year remains at 3.749%. The jump in the 1 year may be pricing in the next raise in the Fed Funds rate. The Fed meets Dec 13-14.
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