Some might be wondering if this title suits the current market environment with the US equity markets setting record highs and poised for more upside. Things seems to be panning out as what I have mentioned in my earlier post (Elliott Wave Analysis on Dow Jones). I had forecasted Dow Jones to topped out at around 27,500-28,000. It seems like “America First” is in play whereby America wins and the rest of the world losses. Worldwide indices in general are still way off their all-time highs and have not caught up with the charged up rally the US market is currently experiencing.

A recent article on LVMH having a negative yield bond caught my attention which somehow led to this write up. For a negative bond situation, it is usually a precursor to a likely deflation or recession whereby general prices of goods and services will fall due to