No doubt were seeing huge inflation right now . But almost everyone thinks it’s long term inflation. The dollar and 10 yr disagree. Reminds me a few yrs ago when the 10 yr got to 3%. Everyone and their brother shouted the great 30 yr bond bull was over . They were wrong.Just like everyone thought a big correction was here the last 6 weeks . They were wrong . I always get nervous when even a small amount of people are bearish . In my many yrs doing this Wall Street loves to punish naysayers .Things are always clear for bulls . But 80% of the time bears suffer even though things are right in theory.
If mass inflation here to stay why is US dollar so strong and bond still 1.6%?
- Thread starter SammyJ
- Start date
I'd fade inflation over the mid-term, but in the short-run, I think supply chain constraints and such will continue to be an important driver.
Investors look more at fundamentals than technical and,
Traders look only at technical
as long as the market moves they making money, be it a bull market or a bear market.
You pick your side and ignore the other
Traders look only at technical
as long as the market moves they making money, be it a bull market or a bear market.
You pick your side and ignore the other
%%
OK+ neither the S&P 5oo, USD, or 30 year is a predicitor.
Trends are helpful + evident........................................ I never looked on countertrends as punishments, they just never last as long as trends.
It would punishment to try to trade countretrends like main trends.
