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Podcast: Let It Grow Investing
Episode: Confused yet? UK pound, VIX, Treasury yields and Hurricane Ian
Description: Treasuries spike and then cool rapidly. UK starts buying bonds, to strengthen the pound against the USD. Hurricane Ian brings a new set of problems to Florida, but stocks rally on the storm. VIX cools slightly as buyers return the market.Â
Biogen $BIIB tests Lecanemab in a stage 3 trial and shows success at removing plaque in the brain and increasing cognitive function in early stage Alzheimer's disease. Eli Lilly also gets a boost as they have trial drugs in development for alzheimers.Â
Apple iPhone demand is cooler than expected and apple cuts plans to produce more phones, but says that de...