Friday, May 29, 2015

US and China Stocks, Eurozone Bonds and Gold!

Dear Reader,

I remain with my new view that the main US stock indices will rise 5-8% in 2015. There is a containable tech bubble in some public stocks and many nonpublic stocks. Many mutual funds and institutional investors that invested in the new tech 'stars' will get burned, but this should not derail the US stock bull market.

I forecast that the yield on the 10 year German government bond will reach 1.00% in 2015 and the EUR/USD will reach 0.90 in 2015. My forecast of USD/YEN at 120 already came true(see earlier posts), so I am still weighing the situation for a 'hard' view on this market.

The intensive bull market in Chinese stocks should continue. The sell off in 'periphery' eurozone government bonds is bound to continue.

I forecast gold will fall to 800 in 2-3 years.

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.)!

3 comments:

  1. I just want to thank you for sharing your information and your site or blog this is simple but nice article I've ever seen i like it, I learn something today.
    Stock Advisory Firm

    ReplyDelete
  2. This is my first time visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good workts never too late to invest. if you want to invest and hungry for the profit visit us for Trading account

    ReplyDelete