The top chart shows the US 10 Year government bond yield. We are currently in a rising yield environment.
The bottom chart shows that the SPX is at the upper channel and there is a risk of a significant drop in SPX in the coming years.
The middle chart shows the ratio of Gold/SPX. Gold has been underperforming but there are 5 to 10 year periods of gold...
PMI readings (services and manufacturing are in an uptrend
Stocks and Gold are in line with current PMI readings (e.g. services PMI)
Commodities (WTI/Oil) and Crypto are lagging behind and may catch up to current PMI readings
YoY%-Changes of all assets are shown in the following chart:
Disclaimer: this is not investment advice. You are responsible for...
