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QQQ - The End Of The Central Bank Super-Bubble
January, 01 2021 08:19 AM
PowerShares QQQ Trust Ser 1
Central bank policy has lost effectiveness. China is in decline regardless of official data. The deflationary forces in the global economy and financial stability risks are too great. Oil remains oversupplied with a risk of increased production either from OPEC or US shale. Price upside and also inflation remain capped. Risk assets including gold are overvalued. Treasuries will not provide an adequate hedge. Long USD is the safest place to be. For further details see:
The End Of The Central Bank Super-Bubble
Stock Information
Company Name:
PowerShares QQQ Trust Ser 1
Stock Symbol:
QQQ
Market:
NASDAQ
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