Ray Dalio Compares today to 1937, Charts says it too!
3 Day weekend - Gap Down Tuesday????
I am a big fan of Ray Dalio, Jeffrey Gundlach, Peter Schiff. You won't hear the truth from other people who are on Main Stream Media. Learning about Cycles since 2006 (last 3 years hardcore) and my conclusion is 2019 is the end of 38 years of Bull Market in Bonds. Because FED cut rates to zero and kept it at 0% for 8 years, everyone accumulated high amounts of debt they cannot repay (government, corporate, student, personal, auto etc), we will have a very painful deleveraging for the next 10 years and probably 30-40 years of Bear Market in Bonds (1937-1980).
QE 4 and negative interest rates probably won't work this time. Three strikes you are out.
Be the Judge by comparing these two Charts!!!
3 Day weekend - Gap Down Tuesday????
I am a big fan of Ray Dalio, Jeffrey Gundlach, Peter Schiff. You won't hear the truth from other people who are on Main Stream Media. Learning about Cycles since 2006 (last 3 years hardcore) and my conclusion is 2019 is the end of 38 years of Bull Market in Bonds. Because FED cut rates to zero and kept it at 0% for 8 years, everyone accumulated high amounts of debt they cannot repay (government, corporate, student, personal, auto etc), we will have a very painful deleveraging for the next 10 years and probably 30-40 years of Bear Market in Bonds (1937-1980).
QE 4 and negative interest rates probably won't work this time. Three strikes you are out.
Be the Judge by comparing these two Charts!!!
Trade active
Note
Replacement is exact as of todayNote
RSI Downtrend Resistance
Note
Also in 1937 DJI had 9 week Bear Market rally
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.