Dear Reader,
I consider the yield on 10 year German government bonds of 0.10% unrealistic. Personally, I expect the yield will rise toward 0.70% in 2016. The ECB is buying, but the levels are simply unreal.
US stocks seem fragile. I expect there will be another pullback of 10% in DJIA, S&P 500 and 20% in Nasdaq in 2016.
The Federal Reserve seems dovish, but the prices of commodities seem fragile. WTI Oil could easiliy fall below 30 USD, before it goes up to 50 USD in 2016.
What is more, I think the Federal Reserve will hike the Federal Funds Rate twice by 0.25% in 2016.
US tech stocks are showing signs of weakness, especially nonpublic tech companies, evidenced by 0 (zero) tech IPOs in the first quarter. I think there is a serious danger, that this weakness could spread to large cap US tech stocks.
Disclaimer: The blogposts and comments on this blog 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!
No comments:
Post a Comment