U.S. Long Bond Yields Threatening Imminent Break of 8-Yr Support, GFC Lows
In the chart below I plot 30-yr U.S. long bond yields over time. A couple things: Yields have traded in a well-defined downward-sloping channel over time Major geo-political/monetary events have occurred when (or as) yields have broken below the green,…...
DAX is Unequivocally in a Major Bear Market
The chart below plots the DAX against off its Apr-15 high vs. the paths it took off its two other most recent and major structural highs, those being the Mar-00 and Oct-07 peaks that led to 65% and 55% bear…