Dear Reader,
My predictions(see earlier posts) that 10 year German government bonds yield will reach 0.7% in 2015 came true on 7 May 2015. Yields fell from that lofty level through today. My new target for the 10 year German government bond yield is 1.00% in 2015.
I predict that the sell off of eurozone 'periphery' government bonds will accelerate. 10 year Spanish and Italian government bond yields will reach 2.5% in 2015.
I still expect US main stock indices to sell off 20% in 2015 measured by the S&P 500. The Nasdaq will sell more than 30%.
Gold will target 1050 in 2015. EUR/USD will target 0.90 in 2015.
Disclaimer: This article and posts on social networks(Twitter, LinkedIn etc.) are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed in the blogpost and posts on social networks(Twitter, LinkedIn etc.) are the author's and they in no way express the opinion or official position of Bulgarian National Bank!
Conflicts of interest: I may possess some of the securities,currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!
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