What Happens Next?

Following Goldman’s exposition of the ‘devils’ in the markets’ details, we thought the following not-widely-followed indicator was of interest. As UBS’ Art Cashin warns it’s “worth keeping an eye on.”
U. S. stocks and bonds are sending the same warning signal that they did before share prices peaked nine years ago, according to Chris Kimble from KImbleChartingSolutions.com.
The ratio between the S&P 500 Index’s value and the price of an iShares exchange-traded fund for Treasury bonds (TLT) is now at record highs.. so what happens next?

This post was published at Zero Hedge on Dec 5, 2016.

Comments are closed.