ʬʬ ִֶָ ℛ𝐞𝐬𝐩𝐥𝐞𝐧𝐝𝐞𝐧𝐭 𝒦𝐢𝐧𝐠𝐝𝐨𝐦

ʬʬ ִֶָ ℛ𝐞𝐬𝐩𝐥𝐞𝐧𝐝𝐞𝐧𝐭 𝒦𝐢𝐧𝐠𝐝𝐨𝐦

ʬʬ ִֶָ ℛ𝐞𝐬𝐩𝐥𝐞𝐧𝐝𝐞𝐧𝐭 𝒦𝐢𝐧𝐠𝐝𝐨𝐦 Telegram | DID YOU KNOW?

Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. Since its launch in 2013, Telegram has grown from a simple messaging app to a broadcast network. Its user base isn’t as vast as WhatsApp’s, and its broadcast platform is a fraction the size of Twitter, but it’s nonetheless showing its use. While Telegram has been embroiled in controversy for much of its life, it has become a vital source of communication during the invasion of Ukraine. But, if all of this is new to you, let us explain, dear friends, what on Earth a Telegram is meant to be, and why you should, or should not, need to care. Pavel Durov, Telegram's CEO, is known as "the Russian Mark Zuckerberg," for co-founding VKontakte, which is Russian for "in touch," a Facebook imitator that became the country's most popular social networking site. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future.
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