BIG Trouble Ahead for American Yields: You Have Been Warned!
Overall, yields around the world will continue to plummet as the world slips into a bonafide global economic crisis sometime later in 2020. While 2008 was known as the banking/financial crisis, this time around, it will be a full-blown world-wide currency crisis compounded by a plethora of social and geopolitical issues which may exacerbate into a depression by 2021-2022.
My conservative target for the US10Y is a full 1.000 although I believe the 10 year later in 2020 into early 2021 could be below 0.500. Moreover, I believe the US30Y will reach a full 1.500 with an eventual 1.000 or less by late 2020 or 2021. There is a chance by 2021 US yields may indeed go negative, however, the aforementioned targets are assuming a bottoming above 0bps in interest.
In the next few years people will lose confidence in governmental debt and yields will spike higher however the bottom is not even close to being "in" like the fake news mainstream media thought after the bounces from September. This will likely not happen until sometime 2021 - perhaps somewhat sooner if Trump becomes impeached leading to incredible uncertainty and/or USA/China trade escalates to the downside.
The China-USA war has now drastically shifted to China have full-blown leverage; US data is now WORSE than the Chinese and the impeachment possibilities will wreck havoc for Trump.
Now is the best opportunity to dip into Gold, Silver, Platinum, Rhodium and Palladium while they are still "affordable" and before 'FOMO' settles. Precious metals should now encompass at-least 1/3 of everyone's portfolio.
- zSplit
My conservative target for the US10Y is a full 1.000 although I believe the 10 year later in 2020 into early 2021 could be below 0.500. Moreover, I believe the US30Y will reach a full 1.500 with an eventual 1.000 or less by late 2020 or 2021. There is a chance by 2021 US yields may indeed go negative, however, the aforementioned targets are assuming a bottoming above 0bps in interest.
In the next few years people will lose confidence in governmental debt and yields will spike higher however the bottom is not even close to being "in" like the fake news mainstream media thought after the bounces from September. This will likely not happen until sometime 2021 - perhaps somewhat sooner if Trump becomes impeached leading to incredible uncertainty and/or USA/China trade escalates to the downside.
The China-USA war has now drastically shifted to China have full-blown leverage; US data is now WORSE than the Chinese and the impeachment possibilities will wreck havoc for Trump.
Now is the best opportunity to dip into Gold, Silver, Platinum, Rhodium and Palladium while they are still "affordable" and before 'FOMO' settles. Precious metals should now encompass at-least 1/3 of everyone's portfolio.
- zSplit
