SMART MONEY CONCERNED BUT MOMO CROWD LOVES BIGGER BAND-AID FOR FOR U.S. DEBT, JACKSON HOLE TEST FOR WARSH
By Nigam Arora
To gain an edge, this is what you need to know today.
Danger Zone
Please click here for a chart of 20+ year Treasury bond ETF (TLT).
Note the following:
- As a member of The Arora Report, you have been ahead of the curve. You have known about the danger zone shown on the chart for a while.
- The chart shows the TLT dipped in the danger zone.
- When The Arora Report first presented the danger zone, it was not known how spot on it would turn out. With the benefit of hindsight, we know that when TLT dipped in the danger zone, Treasury Secretary Bessent acted with an unprecedented move to increase the buyback of long dated securities.
August 21, 2026