I dont know exactly when but I do believe a global currency reset will be forced by default in the near future
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I dont know exactly when but I do believe a global currency reset will be forced by default in the near future
One of the things that I thunk was going to happen before complete crash n burn was that the bank stocks would all mae new 52 week highs. BAC will be the first major U.S. bank to implode imo. Janet put the kabash on it today.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=bac&x=57&y=14&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
The move lower in market driven rates was also an over-reaction to the Janet news so I would imagine this will be coming back to at least retest this low it just set and maybe that will send teh banks up on their final journey.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=tlt&x=53&y=12&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11