Post by
cbew on Nov 26, 2021 10:50am
Market Taper Tantrum
Well it looks like the market taper tantrum has finally arrived. Dow down 900 pts. today. What will it look like next week? The market is telling the Fed it doesn't like the taper. The question is will the FED continue on its course of reducing its asset purchases? High yield corporate bonds are also tanking big and this spells BIG trouble for markets going forward. Last time this happened the market crashed 30% in a month and the FED REVERSED course! The PMs exploded thereafter. A repeat is coming so hang on tight to those PM shares. Buying more DSV at these low prices. Getting ready for the inevitable move higher IMHO.