|US TBonds Review|
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.
US Treasury bond’s overall trend, revealed by trends of price, leverage, and time, are defined in The Matrix for subscribers.
Is it ok to challenge Cathy Wood? As John Lennon once alluded, she appears to be more popular than Jesus in 2021. Least that’s what the headlines keep reminding. I cannot think without the headlines.
"There Will Be Fear" - ARK Invest's Cathie Wood Warns Of Stock Market Correction https://t.co/w5HSKqNZ6L— zerohedge (@zerohedge) February 21, 2021
ARK Invest's Cathie Wood joined CNBC's Scott Wapner last week. She warned of the increasing risk of a stock market correction if rates continue to "sharply" rise.
A popular consensus is that US stock cannot rally with rising interest rates. History clearly shows us that US stocks can rise during periods of rising interest rates. Significant rallies have been observed during periods of sharply rising interest rates (chart 1 and 2).
Someone should tell Cathy Wood.
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