Dear Reader,
German government bonds sold off this week. I stick with my forecast that the yield on the 10 year German government bonds will get to 0.7% in 2015.
I still think US stocks will correct 20% in 2015. The DAX lost about 7% from its peak recently and as you might remember I predicted a 10% percent correction, so the DAX should fall a bit more in 2015.
I am still of the opinion that eurozone government bonds are a HUGE bubble and they should sell off hard in the next 1-2 years.
I forecast gold will get to 1050 in 2015 and the EUR/USD will target 0.9 in 2015.
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