Ray Dalio Compares today to 1937, Charts says it too!
3 Day weekend - Gap Down Tuesday????
I am a big fan of Ray Dalio, Jeffrey Gundlach, Peter Schiff. You won't hear the truth from other people who are on Main Stream Media. Learning about Cycles since 2006 (last 3 years hardcore) and my conclusion is 2019 is the end of 38 years of Bull Market in Bonds. Because FED cut rates to zero and kept it at 0% for 8 years, everyone accumulated high amounts of debt they cannot repay (government, corporate, student, personal, auto etc), we will have a very painful deleveraging for the next 10 years and probably 30-40 years of Bear Market in Bonds (1937-1980).
QE 4 and negative interest rates probably won't work this time. Three strikes you are out.
Be the Judge by comparing these two Charts!!!
3 Day weekend - Gap Down Tuesday????
I am a big fan of Ray Dalio, Jeffrey Gundlach, Peter Schiff. You won't hear the truth from other people who are on Main Stream Media. Learning about Cycles since 2006 (last 3 years hardcore) and my conclusion is 2019 is the end of 38 years of Bull Market in Bonds. Because FED cut rates to zero and kept it at 0% for 8 years, everyone accumulated high amounts of debt they cannot repay (government, corporate, student, personal, auto etc), we will have a very painful deleveraging for the next 10 years and probably 30-40 years of Bear Market in Bonds (1937-1980).
QE 4 and negative interest rates probably won't work this time. Three strikes you are out.
Be the Judge by comparing these two Charts!!!
Trade active:
Comment:
Replacement is exact as of today
Comment:
RSI Downtrend Resistance
Comment:
Also in 1937 DJI had 9 week Bear Market rally
