Sic transit gloria mundi
Simultaneous bubbles in US gov't long bonds and stocks. In a ZIRP time deposit environment. This is a very dangerous situation. http://finance.yahoo.com/news/long-term-interest-rates-low-145200971.html?.tsrc=applewfThat chart looks a lot different than the last time rates were so low--looks a lot more choppy. Since it seems somewhat unlikely that the Japanese will bomb Pearl Harbor and the Germans will invade France, can we really see interest rates suppressed on the long end forever and what does a crash in bonds and stocks together mean to "capital?" LOL--echoes of 1931?
I have short targets of 1964.17, 1950.96, and 1937.03/1936.85 (all clustered that were not hit during these intermediate downtrends). From past experience, sooner or later, these get hit.
Yes, they will. I'm interested in the lower SPX BB and the 200DMA providing support here, like, tomorrow.
Right, and a slight overshoot to 1964.17 would be a nice way to cover one with the others to follow; subsequent a bounce.
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