Bigger picture. If the Fed is unwinding $9 trillion, shouldn’t the market slowly bleed to 2018 price levels at least?


Is there any way to reasonably quantify how much the market could shrink, given what the fed is doing?

what formulas are the bearest of the bears using?

what figures are we supposed to look at?

for instance, the 10year is now at mid 2018-2019 level, and likely going higher.

https://www.cnbc.com/quotes/US10Y

https://www.cnbc.com/quotes/.SPX and the SPX could be a giant head and shoulders pattern back to 3000-ish.

those who say fat chance we fall back to 3000-3250… why?


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