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By: Stubborn Bear

Jun 13 2008

6:38 pm

Tags: TNX

Category: Setups

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Tag cloud: INDU IWM IYR IYT NVDA QQQQ SPX TNX UPS USD VIPSX XLF

…not with the TNX giving the middle finger to Ben Bernanke. It’s only a matter of time before the equity market figures out that:

1. Homes just became that much more unaffordable.
2. Borrowing costs are going up.
3. The entire situation is now completely out of the Federal Reserve’s control. The Fed is now irrelevant.

Tags: TNX