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World Stock Markets Trading Discussion - Coagulating contusions


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2853 is another downtrending support line. Decline should accelerate if broken. Then comes a test of the recent low at 2824. 

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THE PERFECTLY RATIONAL BOND MARKET

Who can argue that the bond market is anything but perfectly rationional???

The US 30 Year yeilding 2%.

Take out tax at 25% and its yield is 1.5%

Take out inflation at 1.8% and its yield is  -0.3%

So you can lend money for 30 Years and only lose 9% of your capital.

Makes perfectly rational sense to me.

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