October 31, 2023

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.