As I have said before, there are two things that never lie, the bond market and yoga pants. Something is breaking in the bond market and it probably has to do with:
1) The unnecessary mess in Iran. Who really thinks nukes was the reason for this war? Only fools.
2) The return of sticky inflation
3) No decrease in rates looming, in fact probable increase coming
4) energy, grocery, housing prices have jumped in the last few months.
5) Bond market lack of confidence in the current administration ( I will be nice and not say more)
6) As Trump was leaving China with only his dick in has hand and no deals, huge amounts of bonds were being dumped into the open market. Not a coincidence. Someone is dumping bonds like crazy.
The warning signs are coming from the bond market as everyone is focused on the stock market. It just might be a credit crunch that gets us. Be wary.

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This topic was modified 1 week, 4 days ago by
BigBalls.