Bulls Need The Bonds
The gains in 2023 have been so massive (pretty much triple-digit rises across the board), the bulls sure as hell better hope for QE7 through QE12 in 2024 to keep this simulacrum going. One crucial item they’re going to require is for bonds to NOT respect this trendline. If this red trendline does, in fact, represent resistance, and bonds start falling, it’s going to take away an important part of their narrative.
More By This Author:
Dollar Tree Price Gap Almost ClosedFed Up
Self-Driving Wall
I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
more
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
