Predictions, Results and more Forecasts!

Dear Reader,

European stocks seem to have started the 10% correction I predicted. The German DAX Index is down circa 5.5% from its peak.

European ‘periphery’ government bonds seem to have started the sell off I predicted. Spanish and Italian government bonds sold off hard during the past several weeks. I think the sell off will continue and even accelerate.

I expect the German 10 year government bond(bund) yield to reach 0.70% in 2015.

Basically, I am of the opinion that eurozone government bonds at the moment are one of the greatest bubbles in history, if not the greatest…

I expect US stocks to enter bear market in 2015, 20% or more fall from their peaks measured by the main indices.US tech stocks, both public and nonpublic, are in a (small) bubble. Biotech stocks as well. Tech and biotech stocks should sell off more than 30% from their peaks in 2015.

Disclaimer: This article and posts on social networks(Twitter, LinkedIn etc.) are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed in the blogpost and posts on social networks(Twitter, LinkedIn etc.) are the author’s and they in no way express the opinion or official position of Bulgarian National Bank!

Conflicts of interest: I may possess some of the securities,currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!

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Predictions, Results and more Forecasts!

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