Anyone else see history about to repeat itself?

[Concrete Helmet]

Welp me thinks the ball of yarn is just about to start unwinding...welcome aboard Joe.....Dow under 30.....LT's here I come.
Jobless claims spiked in the U.S. last week, with 853,000 people seeking new benefits

 

[FireFoley]

Welp me thinks the ball of yarn is just about to start unwinding...welcome aboard Joe.....Dow under 30.....LT's here I come.
Jobless claims spiked in the U.S. last week, with 853,000 people seeking new benefits

As much as I think I know what is going to happen in the future it might be a very very very long time. Just todau the European Central Bank announced they are expanding their purchases. To sum in up, the ECB will purchases about 70% of all Eurp Soverigns next year. I suspect the FED will also get close to that % in the future in an effort to keep long term rates low forever. The never ending circle jerk.

 

[Concrete Helmet]

As much as I think I know what is going to happen in the future it might be a very very very long time. Just todau the European Central Bank announced they are expanding their purchases. To sum in up, the ECB will purchases about 70% of all Eurp Soverigns next year. I suspect the FED will also get close to that % in the future in an effort to keep long term rates low forever. The never ending circle jerk.

Agree, rates are going lower. I think the over inflated SM may float around for a while longer giving some a warm and fuzzy but one thing I learned in my short time figuring this stuff out is the SM may lie but bonds don't...

 

[FireFoley]

Agree, rates are going lower. I think the over inflated SM may float around for a while longer giving some a warm and fuzzy but one thing I learned in my short time figuring this stuff out is the SM may lie but bonds don't...

That is correct. The pros always look under the hood, and that is the credit markets!