Crude Oil: Supplies Are Under Duress Worldwide

Known reserves of oil are in decline all over the world except for fracking. The fracking buble burst, the fracking players had to slow down. Supplies are under duress worldwide for oil.

Related trading instruments: 

• Energy Select Sector SPDR ETF (XLE)
• United States Oil Fund LP ETF (USO)

Crude Oil: Higher Prices in 2019, 2020

Crude Oil is in the process of making a complicated bottom. Eventually we will see higher prices, maybe in 2019 or in 2020.

Related trading instruments: 

• Energy Select Sector SPDR ETF (XLE)
• Nymex Crude Oil futures

We Have Seen The Top In The Bond Market

We have certainly seen the top in the bond market, there is no question about that. Bonds will probably be going lower for years to come.

Related trading instruments: 

• iShares Barclays 7-10 Year Treasury Bond Fund (IEF)
• iShares Barclays 20+ Yr Treas. Bond ETF (TLT)

Higher Interest Rates Ahead

There is no question that we will see higher interest rates over the next few years. In fact, interest rates will go much, much higher in the next decade.

Investing: Agriculture Commodities Are Less Vulnerable

Well, agriculture has been going down over the past several years. I would consider agriculture less vulnerable and perhaps even a place to make money on the upside because things have been down for so long.

Related trading instruments: 

• PowerShares DB Agriculture Fund (DBA)

India Will Be Worse Affected Than Other Markets

Nearly all markets will be affected in the same way especially India because Mr. Modi is now coming up with a capital gains tax. So now the Indian stock market has the problem of having gone up for a long time and for a long way and now you will have a capital gains tax. India will probably be worse affected than other markets.

Related trading instruments:

• WisdomTree India Earnings Fund ETF (EPI)
• iShares MSCI Emerging Markets Index ETF (EEM)

The Reason For The Stock Market Correction

Whenever there is an overdue stock market correction people always look for a reason. I can give you some reasons: the main reason is that it has gone up too long, too far, too fast but interest rates are also going higher and there are problems in Washington with the government. There are many reasons. But essentially it is because it went up without a correction and now we are having one.

Related trading instruments: 

• SPDR S&P 500 ETF Trust (SPY)
• Russell 2000 Index ETF (IWM)
• SPDR Dow Jones Industrial Average ETF (DIA)
• iShares MSCI Emerging Markets Index ETF (EEM)