Bonds are on the move again?!
Updated
Follow the smart money.
Nice inverted head and shoulder!
What will it mean for stocks you think?
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Nice inverted head and shoulder!
What will it mean for stocks you think?
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Note
Jay Powell's quote: " we will seek to achieve inflation that averages 2 percent over time. Therefore, following periods when inflation has been running below 2 percent, appropriate monetary policy will likely aim to achieve inflation moderately above 2 percent for some time." The reality is inflation is going nowhere and they have not been able to raise it significantly and sustainably above 2.0% since late 2014. It now sits around 1.8%
The bond market sees through this (
TLTup 0.96% while, except for the NASDAQ, all stock indices are down today.
Note
Forming a wider shoulder but still very valid...
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