Dear Reader,
I still expect major US stock market indices to post 5-8% gains in 2015. US 10 year treasury yield should touch 2.7% in 2015. The Fed will hike in September AND December.
I forecast the German 10 year bund yield will stay below 1.5%. Gold should fall to 800 USD in 2-3 years.
Oil looks undervalued at the moment. I think it will get to 60 USD by year end.
Oil majors stocks Chevron, Exxon Mobil, Royal Dutch, BP look undervalued.
US bank majors JPMorgan, Bank of America, Citigroup, Wells Fargo, Morgan Stanley and Goldman Sachs look undervalued.
I forecast EUR/USD will touch 0.90 in 2015, while USD/YEN could fall to 110.
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.)!
Stocks valuations, analysis. Unbiased. Insightful. Property of Wolfteam Ltd., www.wolfteamedge.com If you find the blog useful, LINK TO www.posledovich.blogspot.com Stocks, Bitcoin, Cryptocurrencies, AI, analysis, insights. CLICK ADVERTISEMENTS, SHARE ON SOCIAL NETWORKS! Technology, Bitcoin, AI, company strategy, stocks analysis. Stocks, crypto involve high RISK! Nothing on this blog is meant or should be construed as investment recommendation to buy or sell securities or their derivatives!
1 comment:
Hi,
I think central banks will wait and will act re actively, e.g. after deflation becomes a major issue.
Post a Comment