Trader Scott’s Market Blog
September 27, 2016
The overall confidence level in central banking has peaked. The overall confidence level in government has peaked. The overall confidence level in globalism has peaked. Even theconfidence level of the elitists to be immune from the disaster awaiting the global economy has peaked. The elitists were the last group to see their confidence peak. There is a symbiotic relationship between the peaking of these confidence levels and the massive DISTRIBUTION (topping process) of the global government bond market. This can be seen (inversely) in this long term Treasury Yield chart. The symptoms are spreading. TICK-TOCK.
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day.Scott returned to markets over fifteen years ago where he continues as an independent trader.