The bond carnage from last week continues today:
- Bloomberg – Rout in Global Bonds and Emerging Markets Intensifies
- ZeroHedge – 30 Year US Treasury Yields Spike Above 3.00% – Highest Since Fed Rate Hike
- Money Magazine – Bond Prices Plummet on Inflation Fears
Are bonds going down because of Inflation worries or Trump worries? or both?
- MarketWatch – U.S. Treasury yields surge, adding to Trump-fueled climb
- Reuters – ‘Trump Thump’ whacks bond market for $1 trillion loss
- Bloomberg – Bonds Bloodied as Trump Spending Plans Spur Dollar, Copper Gains
Stocks are still levitating, ignoring the bond rout – so valuations are still unfavorable. Not a good time to be buying, but you still need to be working on your stock wish list – here are the equities that make the “stocks to own” screen this week:
| Ticker | Price | Fair Value | Margin of Safety | Yield % |
| AMGN | $147.47 | $194.00 | $46.53 | 2.5% |
| MMP | $65.35 | $76.00 | $10.65 | 5.0% |
| WMT | $70.69 | $76.00 | $5.31 | 2.8% |
Click on the links to research further.
Results are based on the following screen:
- Low fair value uncertainty.
- Wide moat.
- Morningstar rating 4 or more stars.
- Financial Health Grade >= B.
- Current P/E <= 20.
Extra – If you missed it, here is a funny skit from SNL about the election:
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