Weekend Dedication/Bond Market Effects
Trader Scott’s Market Blog
September 30, 2016
The epic bond bull market started in 1981 when intra-day yields on the long bond hit 15.21%. And yes, I do believe that next decade those yields will be retested. And I also believe that this bond yield chart is the most important chart in the world.The global economy, and most everything on this planet rests on the “theory” that the central bankers can keep long bond yields at these low levels as long as they want. I have zero confidence in their “ability” to accomplish their goal. Supply will eventually overwhelm demand. It always does. I believe the biggest beneficiaries of the LIQUIDITY that will flow out of the global bond markets will initially be PMs and agriculture. (The markets which are further along in their respective ACCUMULATION areas.) And eventuallythe rest of the commodity complex and the global stock markets will also be huge beneficiaries.
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.