The bond market is forecasting economic doom Many market pundits consider bond investors the “smart money” relative to stock investors.
Plenty of myths regularly circulate in the stock market, and many of them threaten to separate you from your money.
We know bond investors have moved into bonds because the 10-year U.S. Treasury yield recently fell to 2.3% from 2.6%.
So when bond investors ramp up their exposure to the perceived safety of bonds, these pundits suspect bond investors see problems on the horizon with the economy.
First, there’s a mixed signal from the bond market overall, in the sense that corporate bond yields haven’t fallen, points out Green at Penn Capital.
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Mattress retailer Eve Sleep raises £35m as part of stock market listing
Mattress retailer Eve Sleep raises £35m as part of stock market listing BelfastTelegraph.co.uk Online mattress retailer Eve Sleep has raised £35 million as part of a stock market listing, valuing the firm at £140 million.
http://www.belfasttelegraph.co.uk/business/news/mattress-retailer-eve-sleep-raises-35m-as-part-of-stock-market-listing-35715558.html http://www.belfasttelegraph.co.uk/business/news/article35715557.ece/5b1ec/AUTOCROP/h342/PANews%20BT_P-ea4a7da6-b0c9-42eb-9d68-6ddd7d276e71_I1.jpgEmailOnline mattress retailer Eve Sleep has raised £35 million as part of a stock market listing, valuing the firm at £140 million.
Eve turned over £12 million last year as the British mattress market hots up, with other start-ups such as Simba providing stiff competition in an increasingly crowded space.
Eve raised close to £14 million in 2016, when investors such as Mr Woodford and private equity firm Octopus Ventures piled in to a fundraising round.
Chief executive Jas Bagniewski said: “Today marks a new dawn in our vision to be Europe’s leading sleep brand.
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Coal company that emerged from downturn files for stock market debut
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