The world’s largest technical analysis firm, Elliott Wave International, just released a special new report for bondholders from its founder Robert Prechter.
Free 10-Page Report: Major Top in the Bond Market on the Way
Prechter’s message to bondholders today: Beware.
Prechter warned investors about looming destruction in tech stocks, real estate, blue chips and commodities — all at a time when conventional wisdom considered them "safe."
Here’s what he’s saying now: Whether you have your money directly in bonds or your mutual fund does, your savings could be at risk.
"In line with our forecast," Prechter says, "the interest rate on the Treasury’s 10-year note has just plunged to the lowest level in U.S. history. …
"Investors think that the issuers of all the bonds they are buying will stay solvent and pay both interest and principal. We don’t think so. We think the economy is still sliding into depression, and when that trend accelerates, investors’ waxing fears will cause them to start selling bonds, which will lead to lower bond prices and higher yields."
You’re just one click away. Follow this link for instant access to the first four pages of Prechter’s free report.
Read the first 4 pages now, zero obligation, no email address required.
About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world’s largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.