Monday, June 15, 2009

Yves Lamoureux - Bond Market Analysis Comparing Now to 1987…

Correction: Earlier I failed to give credit to Yves Lamoureux of Blackmont Capital who provided the bond research to Jack Crooks...

It is Yves who just produced the following short analysis comparing the bond market today to the bond market just before the 1987 stock market crash.



Click here for an interesting audio interview with Yves Lamoureux on bonds and markets… Yves' charts above are also very interesting and help you visualize what he's saying.

I also note that during this timeframe prior to October 1987, the dollar was declining just as it has been now. Will we reach the “critical mass” necessary to reach an all out equity crash like the one in 1987? Well, we have certainly crashed all ready, but the markets are right now WAY overvalued by historic standards, and as I’ve been saying all along, a crashing bond market will absolutely pressure equities in an environment of debt saturation.

Anyway, it’s a very interesting comparison and adds to the evidence I have compiled regarding the bond market in the past few months:

Bond Market Hide & Seek – A Domed House & 3 Peaks...

Interest Rate Update…

Interest Rates and Equities Diverging…

A Tale of Two Depressions…

Sales – Still More Economic Cliff Diving…

Historic Bond Market CRASH Underway…