caldooninvestment

HEAD & SHOULDERS IN RATES

Long
TVC:US05Y   US Government Bonds 5 YR Yield
5 Year US Government Bonds demonstrate a classic H & S bottom.

They say equity market value is RELATIVE to bonds. That is very true. Sky high valuations in stock market are result of cheap money( ie , low rates).

End of cheap money?

If yes, it has serious implications for equity markets!

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