Stillman News

Patrick Healy From Snap-On Tools: Risks In International Supply Chain

On Halloween night, the Association of Supply Chain Management’s Seton Hall student chapter hosted Patrick Healy, head of World Wide Strategic Sourcing for Snap-On Incorporated. Snap-On is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. Healy first discussed the history of Snap-On and their position in the tool manufacturing market.

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Rotation out of Treasuries Accelerates

Major indexes faltered this week while Treasury Yields soared. The 10Y Treasury yield has passed 1.3%. In theory, these two should move in the same direction. Treasury yields rise because investors are rotating out of them and into riskier assets like equities. This is known as risk-on.

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