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BOND rebellion not ending soon: expect more equity declines


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#1 dTraderB

dTraderB

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Posted 08 February 2018 - 04:44 PM

Don't fall for the bulls' euphemism that "volatility continues or roils the market" instead of reality: equity decline continues.

 

Stocks neither rise nor fall because of volatility.  US debt will increase by a minimum of 600 billion in 2018, more if the infrastructure bill is passed early enough. DEBT & YIELD, that's worrying the markets. This is why the markets are declining:  

 

Keep an Eye on Dow 24000
Barron's-3 hours ago
The chart below shows the Dow Jones Industrial Average over the last month. It closed at 24,345.75 following Monday's 1,175.21 point selloff, before rallying on Tuesday. That Tuesday rally, however, included a quick drop off the open that took the Dow as low as 23,778.74. So 24,000 splits the difference .