Last week, I blogged about Michael Belkin’s $SPX to $TNX ratio chart and received little push back on the bearish vision.
Three things here:
1) Big picture, my bias is bullish based in part on the chronic and nearly universal negativity and so his take runs counter to my own;
2) I Love this guy and he has called the last 13 years well on the grand scale;
and 3) There are few things more important than entertaining views that run counter to your own.
Here’s Belkin’s recent interview over at the WSJ. Well worth the view…
$SPY $RTH $TLT