PRUDENT INVESTORS PAY ATTENTION: WORLD’S MOST RESPECTED BANKER POURS GAS OVER BOND FIRE, OIL SURGES
By Nigam Arora
To gain an edge, this is what you need to know today.
Gas Over Bond Fire
Please click here for a chart of 20+ year Treasury bond ETF (TLT).
Note the following:
- The chart shows bonds recently fell below the danger zone into zone 4 (support).
- The chart shows there has been a relief rally, bringing bonds back up above zone 4. The relief rally in bonds helped the stock market rally.
- Jamie Dimon, CEO of JPMorgan, is the world’s most respected banker. Dimon has poured gasoline on the fire that is raging in the bond market. Dimon sees a crack in the bond market sometime in the future.
June 2, 2025