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-0.0001558117793706 0 -0.000467435338111579 0 0.000623247117481958 0.00202555313181669 -0.000934870676223158 -0.00140230601433474
Stock impact report

Mike Vinokur's Top Picks for October 29, 2024 [BNN Bloomberg (Canada)]

Corebridge Financial Inc. (CRBG) 
Company Research Source: BNN Bloomberg
FOCUS: North American Large Caps Top Picks: Cigna, Rogers, Corebridge Financial MARKET OUTLOOK: We are approaching equity markets with caution. We feel that market participants are perhaps overly optimistic, and markets have been climbing the wall of worry well—perhaps a little too well. We are quite concerned about recent signals from the bond market, given that U.S. Treasury yields have been rising sharply. The largest sovereign market in the world is struggling to attract buyers. The 10-year Treasury yield has increased from 3.65 per cent in mid-September to the current 4.28 per cent. This significant move in just six weeks is somewhat reminiscent of the action we saw last year at the end of October when the 10-year Treasury yield hit five per cent. Generally, high volatility in the Treasury market could be a harbinger of things to come in equity markets. On the surface, everything seems to be going well based on the latest strong gross domestic product (GDP) readings, j Show less Read more
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