If 200 DMA slope starts to point downward, this will be a cold summer for stocks. Short term, 260 Long term bet 185
Let's say we get to 3k or 31k or even 35k, the faster we deviate from the norm, the sharper the downfall, so my bet is on the downside RIP Bull.
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JPMorgan just cut its 10-year Treasury yield forecast to 1.75% at year-end, compared with 2.45% previously and 2.13% on Monday in Asian trading.
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June 3 - Morgan Stanley has warned that investors continue to underestimate the situation.
It sees a global recession within nine months if Trump imposes 25% tariffs on an additional $300 billion of Chinese exports and Beijing retaliates
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pbs.twimg.com/media/D8QhBI9V4AAFpA6.png:large As you can see, the percentage of BBB corporate bonds increased above the percentage of AAA-A debt. That leads you to believe corporate debt quality is a huge problem. --- Something that has never happened before