Weekend Dec 8 2019
Money is shifting from bonds and real estate to copper andd stocks and energy, from risk off to risk on.
Thirty Yera\\ar Bond Price
Prices are falling, yields are rising.
30 Year Yiieeld
We put both these up so one can readily see that the yield is the opposite of the price.
TBF is a fund bettin g on 1x lower bond prices.
TBT is same but moves at 2x rate.
XES Weekly
I do not know how high oil prices mght move but XES is so beaten down and so cheap that it seems a good bet.note the MAs are flattening, a pre cursor to a change in trend.
It appears that commodity prices are moving up a late cycle dynamic.
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