Investor Concerns: Albert Edwards of Societe Generale highlights that rising Japanese bond yields, particularly the 10-year JGB reaching 1.82%, could signal a potential end to the current equity bull market.
Historical Significance: Edwards notes that Japan has often served as an early indicator of major financial shifts, warning that increased domestic investment in Japan could lead to a withdrawal of capital from U.S. markets, negatively impacting U.S. assets and the dollar.
Market Vulnerability: The strategist emphasizes that U.S. markets are at risk due to their reliance on Japanese inflows, which have supported both Treasuries and equities.
Broader Market Context: The article also references mixed signals from the Federal Reserve and other market developments, indicating a potential major market rotation ahead.
Wall Street analysts forecast TBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TBT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast TBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TBT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 34.590
Low
Averages
High
Current: 34.590
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.