FAVORITE AI STOCK, HEDGE FUNDS WIN AT THE EXPENSE OF ASSET ALLOCATORS – MOMO DISCOVERS MASSIVE NATIONAL DEBT
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Hedge Funds Win
Please click here for a chart of 20+ Year Treasury Bond ETF TLT.
Note the following:
- The chart shows that the long bond ETF has fallen to the top band of the support zone.
- Bonds trade inverse to the yield.
- We have been sharing with you in the Capsules that yields at the long end are rising.
- Unless you have been under a rock, you know that over the last few months there has been a chorus of asset allocators in the media singing a song of buying long term bonds.
August 18, 2023