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But we saved everything 🙂.
Dave Collum, professor and financial commentator at Cornell University (Emeritus), challenges the notion that rising bond yields have no effect on equities.
Collum describes this belief as highly unreasonable, stating it ranks among the most ludicrous comments he has encountered in his career.
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Collum has previously questioned the divergence between company earnings and stock performance, noting that Apple’s revenues doubled over ten years while its shares rose more than tenfold. He has also expressed concerns about the U.S. facing persistent debt and obligation issues. His commentary frequently highlights skepticism toward widely held financial views.