Venerable Chart Signals Grave Concerns for Stocks in 2020

The Wholesale Direct Metals reviews of today’s markets are revealing some interesting trends. The 10-year Treasury note yield recently survived its third test of 1.5% during the recovery. That’s seen as a near-term positive but a longer-term danger signal, according to Michael Hartnett at Bank of America Merrill Lynch. The firm thinks stocks will rise this year as bond yields increase, but both will fall away in 2020. Wholesale Direct Metals maintains its position on the movement of the markets as it pertains to precious metals investing.