Money's footsteps 2- Where is it going?

Some of you may remember what we were seeing at German bonds behavior. Finally, the expected move was made yesterday (and continued today) as we can see in the charts below. Also Bund is maintaining its way up. All this is happening while other assets are clearly losing money inflow


The relationship between some bonds and stocks markets was addressed back in May in August where you can see how some bonds were predicting the move down in the past, exactly as they predicted the current move down.
We will continue to watch them for more clues




And a more global Fund: You don't even need to know about technical analysis to see it is uber bullish



As you already know we found some currencies very telling about market strength and specially about investor's risk appetite. One of the currencies that should raise when investors run away from risk is the JPY, conversely this would mean they are leaving other more risky assets like stocks.