Dec. 8 at 2:13 PM
While I remain bearish in my outlook, the timing is off and we can see here that there is still a risk on sentiment. Corporate to government bond spreads have reversed to the downside, while bond funds, like
$BND seems to be lagging, compared to corporate bond funds like
$HYG, which retains a bullish structure. This risk appetite is what will fuel the blow-off top.
$SPY $QQQ $IWM