GDX and TIPS and EEM. Inflation factors.
Treasury Inflation Protected Bonds and Emerging markets have a history of being high correlated. We see a massive divergence occur in November when TIPS and EEM break away from GDX.
Either ---------
TIPS is moving correctly and GDX is massively undervalued.
or.....
GDX is moving correctly and TIPS is massively overvalued.
---------
Its binary which one do you think it is?
I need to keep the brain steezy so, here is another (fire) Macro Idea.
Either ---------
TIPS is moving correctly and GDX is massively undervalued.
or.....
GDX is moving correctly and TIPS is massively overvalued.
---------
Its binary which one do you think it is?
I need to keep the brain steezy so, here is another (fire) Macro Idea.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.