Interest rates are going up, in fact the yield on the 10-year Treasury today was up I think 40 basis points to 2.98 percent. So, we're almost at 3 percent right now in the 10-year. The chart though to me looks like we can explode higher up to three and a half four percent almost any time.
Sep 6, 2018
The Last Time We Had A Trade Deficit This Big...
The
last time we had a trade deficit this
big was 2008 which of course was right
before the financial crisis and Great
Recession and it probably is no
coincidence that were having such large
trade deficits again probably on the eve
of what will be an even greater economic
recession than the one that we had in
2008.
Sep 5, 2018
The Bear Market Can Start At Any Minute
In a recent tweet, Peter Schiff drew a parallel between the current market and the tech bear market that started in 2000:
"The Nasdaq had the biggest gain last month since the year 2000. But do you recall what happened in 2000? The Nasdaq – it declined approximately 80 percent from peak to trough."
When asked when the bear market would start, peter Schiff replied:
"It’s long overdue. It can start at any minute … But people are oblivious.”
Related trading instruments: Nasdaq 100 Futures, Nasdaq 100 Index ETF (QQQ)
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