Oh boy…..
If our interest rates calculations below are correct Real Estate flippers, investors and speculators are about to experience the pain Crypto Enthusiasts just went through with FTX.
Perhaps not as quickly, but excessive leverage in the sector will make things just as impactful.
In other words, your last chance to offload real estate will arrive in the first half of 2023. Then, an absolute bloodbath. Here’s why…..
Our mathematical and timing work for the 10-Year Treasury Index suggests the following.
- It is highly probable the first leg higher off of March 2020 low terminated on October 21st at 4.31%. Most of our price/time calculations look very good there.
- TNX should now correct. Assuming the top is indeed in our calculations yield two possible bottoms by early April of 2023. One located at 2.40% (+/- 25 bps) and the other one is located at 1.65% (+/- 25 bps). It appears, at this time, that 2.40% is a much better target. We will know with more certainty what this target is as we approach this powerful April’s 2023 TIME turning point.
- Once the bottom is put in place, TNX should ……..please Click Here to see the rest of this analysis.
Fundamentally speaking, the above calculations are in line with our overall stock market analysis. As interest rates and the US Dollar….. please Click Here to see the rest of this analysis.
Associated charts below represent our analytical output.
