By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Analyst/trader Gregory Mannarino says the bond market and stock market are way out of kilter and look for a big correction. Mannarino explains, “Something has to give here. Either a lot of cash has to go back into the bond market, and I don’t know where it’s going to come from, or the stock market has to come down to normalize this. Right now, the market is trying to price in a new President here with his outlook on the economy, lowering corporate taxes and trying to create jobs.”
Mannarino also points out, “Asset prices have been pushed to extremes, and either an extreme to the top or an extreme to the bottom. In the middle is kind of like a black hole, and this black hole has to be filled. . . . That hole has been created by runaway central banks