by ElliotWaveTheory
The Fed has barely started Quantitative Tightening, rates will go up, stocks will go down.
Bulls should be much more worried that one of the most reliable tools the Federal Reserve has for subduing inflation is to scare the US equity market.
The Fed wants your stocks to lose value, don’t fight the Fed. I sold 90% of my longs over the last two weeks and am now rather net short both equities and bonds.
Only long holdings are oil/commodities
I see a WTI back to $100, Brent at $120, a further 15/20% decline in indices and the 10 year treasury rate topping 4% within the next year. Don’t fight the Fed, don’t be left holding the bag when institutional investors dump on you.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.