Mark Zuckerberg's new era

Now, uh, I do wanna get on the markets 'cause it's been pretty wild, guys.

Like this is, this is crazy stuff.

I dropped a story on Yahoo Finance about this this morning.

Over the past 24 hours, you have probably been hit over the head by stories about rising bond yields.

Like I just mentioned, I hate to admit it, I don't wanna do it, I even churned out a story or two on this the past 24 hours.

The rising yield is one of the most important things happening in markets right now.

I- it's crazy.

Actually...

Oh, thank you, Yahoo fridge.

Actually, the start of the summer, uh, but you know what I mean.

Uh, I don't wanna lose focus on the why behind the move.

It's not because of some warning on the nation's debt from some third-rate investing pundit.

That's not the reason at all.

The reason is the economy is weakening under the tiny grip of inflation, and this is not planned.

I'm just gonna grab my, my gripper, you know? Keeps these forearms buff.

And this is just going down as the Federal Reserve makes it costlier for the businesses and you, the consumer, to borrow money.

Here are a few red flags I've picked up on this week that no one is talking about other than me.

Execs at payroll services company Paychex said this week we are in a low hire, low fire environment.

Hardly a bullish economic endorsement.

[laughs] In fact, I hate hearing that.

Lucky Charms maker General Mills warned about more quarters of pressured margins at the hands of a big pickup in inflation in things like wheat, diesel, and packaging.

I think this sheds light on what the Fed hawks are telling us on rate hikes.

They're Lucky Charms.

Like, I've lost track how much Lucky Charms are.

I'm just being honest here.