Bonds, Stocks, Commodities, Foreign Exchange!

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.)!