“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
US Treasury Bonds Walking the Plank
A breakdown here in the long term US Government Bond ETF (TLT) could lead to a quick visit to the lows around $85 last seen in April, just before European debt sickness led to a flight to quantity quality.