Current Economic Collapse News – Yields, Earnings, Housing Construction, Deutsche Bank, And ‘Mega Default’ In China

Monday, January 20, 2014
By Paul Martin

Investmentwatchblog.com
January 19th, 2014

Citi: “Time For Yields To Correct Lower”

Via Citi FX Technicals:

Time for yields to correct lower…

At the end of 2013 yields finished at the highs of the trend. However the recent attempts to push beyond 3% have so far failed suggesting a double top is in the making as we have seen on many occasions over the years

Support levels are at 2.41%-2.46% which should be tested. A weekly close below there if seen (not the base case scenario at this stage) would warrant further concern.

Interestingly enough, this comes at a time when the Federal Reserve has slowed down its asset purchase program. This reminds us of the last time the Fed tried to end its QE program…

http://www.zerohedge.com/news/2014-01-18/citi-time-yields-correct-lower

Read more at http://investmentwatchblog.com/current-economic-collapse-news-yields-earnings-housing-construction-deutsche-bank-and-mega-default-in-china/#37AZMPfO9DiMJKd5.99

The Rest...HERE

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter