Stocks, Bonds and Currencies!

Dear Reader,

The non farm payrolls results were predominantly positive. The Federal Reserve seems poised to raise rates in the second half of 2015. US and EU stocks should sell off and fall more than 20% from the current levels. There is a bubble in tech stocks. I know that the hottest public and nonpublic companies have revenues this time. They did  not have in the dot com boom. The market capitalization this time is excessive and many hot technology companies look overvalued.

I am of the opinion that Greece will cause problems. Eurozone 'periphery' government bonds should start selling off in the first or second quarter of 2015. The yields on Spanish, Italian, Irish, Portuguese, French, Greek etc. will rise significantly in 2015.

Oil seems to have found a bottom. Gold should sell off and target 1050 in 2015. EUR/USD will target 1.05 in 2015. Volatility(VIX) will rise towards 30 driven by regulators. Currencies will be an interesting asset class in 2015.


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Conflicts of interest: I may possess some of the securities or currencies mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!