Wall Street is trying to add to Friday’s rally after a losing week that featured a spike in bond yields and oil prices.
My top 10 things to watch Monday, April 8
Janet Yellen in China from CNBC’s Sara Eisen interview: Tough talk but any change? Treasury Secretary Yellen thinks things are better than last year but does not rule out tariffs on China.
Taiwan Semiconductor Manufacturing Company gets $6.6 billion from the U.S. government to support TSMC’s over $65 billion investment in three fabrication plants in Phoenix. U.S. is motivated to have domestic chip manufacturing because of China’s Taiwan saber-rattling.
Wall Street is trying to add to Friday’s rally after a losing week that featured a spike in bond yields and oil prices. Energy analyst extraordinaire Rusty Braziel tells me there’s a $5 war premium on oil.
