Yes, Something Just Broke
by Lance Roberts via RealInvestmentAdvice.com,
ZeroHedge.com
Sun, 10/14/2018
Yes, Something Broke
In this missive, we are just going to focus on the “WTF!” moment of this past week. In order to do this properly, I need to start with last week’s missive where we asked the question “Did Something Just Break?” In that article we addressed very specific concerns about interest rates and the problem they were going to cause.
“Speaking of rates, each time rates have climbed towards 3%, the market has stumbled.”
“If you note in the chart above, a short-term ‘warning signal’ has been triggered which suggests that if rates remain above 3%, stocks are going to continue to struggle. The last time this occurred was in May when rates popped above 3%, stocks struggled and bonds outperformed.”
The Rest…HERE
