Risk parity, optimal portfolios, efficient frontiers: all go down the drain.
Because when everything goes down, it just goes down, like the droplets of sweat on the fund managers' faces.
A good deal of market moves that are deemed ABCs are, in fact, ABCDEs: w.A, then B, then a very weak C, followed by wave D, and completed by wave E, which accomplishes everything that wave C was not ready to do.
How far will wave E go? Bonds have been uptrending ever since the 2008 crisis, and in the case of 20Y treasuries the advance has formed an ending wedge. It is entirely possible to see wave E reach the lower quarter of this structure, ending at 100, or at least approaching it.
The time for this move is now: it should happen with the sell-off in the EUR, stocks, and EUR-crosses, the latter being so much correlated with bonds.
Because when everything goes down, it just goes down, like the droplets of sweat on the fund managers' faces.
A good deal of market moves that are deemed ABCs are, in fact, ABCDEs: w.A, then B, then a very weak C, followed by wave D, and completed by wave E, which accomplishes everything that wave C was not ready to do.
How far will wave E go? Bonds have been uptrending ever since the 2008 crisis, and in the case of 20Y treasuries the advance has formed an ending wedge. It is entirely possible to see wave E reach the lower quarter of this structure, ending at 100, or at least approaching it.
The time for this move is now: it should happen with the sell-off in the EUR, stocks, and EUR-crosses, the latter being so much correlated with bonds.
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.
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.