The bubble is in bonds, stocks are fine they say ........
Komentar:
The SPY/TLT ratio has been correcting down since our original post and technical conditions are not overbought anymore. So, is this just a correction to the upper trendline? or the move of the last few months was a false breakout and the relationship will reestablish itself within the channel of the last 20yrs.? I think the latter.