Defaanged by bonds
The rush to bonds by the big funds will be breathtaking. As you may or not know I have been extremely bearish on big tech for a few months, now we are seeing that come to fruition.
This chart is qqq divided by bonds (bnd etf). As this comes down, it indicates that bonds will retain or gain value vs tech. This may be the most important financial rotation in our lifetime.
This chart is qqq divided by bonds (bnd etf). As this comes down, it indicates that bonds will retain or gain value vs tech. This may be the most important financial rotation in our lifetime.
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