TREASURY ANNOUNCEMENT MORE IMPORTANT THAN FED’S, JAPAN ABANDONS YIELD CONTROL, TESLA UNDER $200
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
The Folly Of Investor Celebration
Please click here for a chart of 20+ year Treasury bond ETF (TLT).
Note the following:
- The chart shows when The Arora Report predicted that a record supply of Treasuries was ahead. A record supply meant higher yields and lower bond prices.
- With the benefit of hindsight, The Arora Report prediction has proven spot on.
- The chart shows that since the Arora call, there has been a significant drop in bond prices.
- The chart shows that bonds are consolidating significantly below the lower resistance zone.
October 31, 2023