
Biggest Bond Bubble Ever - Why do equity markets dive in the fall?
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A Decade of Iron Ore Prices May 2009-2014
- The long bull market started at 11 in 1999 and soared to 187 in February 2011.
- Our "Momentum Peak Indicator" called for a cyclical peak for most commodities at around April 2011.
- The next low was 99.47 in September 2012.
- The subsequent high was 136 last November.
- The May 2014 posting is 100.6