The falls on Wall Street are not unexpected and I suspect little to do with trumps tariffs
Which have been telegraphed for some time so it’s a bit of over reaction to that
The prime reason is the ten yr bond yield is creeping up the vix spiked 2 signs traders look for
I suspect the unwind in bond markets with rising rates will continue to see the Dow pull back this year as I suspected it would
What you are seeing is the whip saw action similar to the last crash in the US
I think tonite in the US could be very interesting as investors weigh up taking profits out of the market
The recent run up was a classic dead cat bounce as we talked about
Watch the ten year bond if it gets over 3.2 I’d be seriously looking at getting into the bunker for awhile it could get pretty rough through April May
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