
PRUDENT INVESTORS PAY ATTENTION: WORLD’S MOST RESPECTED BANKER POURS GAS OVER BOND FIRE, OIL SURGES
By Nigam Arora & Dr. Natasha 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.