Thread by @InvesysCapital

Perfect #Storm

What Happened In 2002-04 & What Is Happening in 2020? Is There Any Hint For #Equities?

1. Dollar Index #DXY

In Dec 2002, DXY Broke Multiyear Support Line & Went Into Longterm Downtrend, Shifting Flows to Emerging Markets over next 5-10 yrs

2. India 10 Yr Yields

Hitting multiyear lows in 2020 - Like in 2003/2009

Beneficial for interest rate sensitive industry demand

Autos/Realestate/ConsumerDurables

3. Gold

Started Long Term uptrend in 2003, Like in 2020

Basically reflecting Currency Debasing , which inevitable causes Hard Asset Price Inflation

4. Crude

After hitting decade lows in 1999 & 2002, Started long term uptrend

In 2020 just bouncing back from Decade lows

5. Metals - Copper

After multiyear consolidation, broke out in 2003, Just like it's attempting in 2020

Too Many Coincidences..Ehh?

A perfect Storm Is Brewing Up For #Equities, Despite huge disconnect from between Ground Level Economy & Stock Market, Which has foxed me too in this Rally

Fingers Crossed for 2021 !!