Christopher Woods On “the most important chart in the world of financial markets”

There are a series of events that are converging on markets in 2018 to which analysts are paying close attention. At the center will be a bond trend channel that has been in place since 1980. This trend channel has been benchmarking a bond bull market that propelled the careers of legendary investors such as Bill Gross and a host of others and it could be coming to an end. When it does, it is likely to end with a bang as all eyes will focus on one number.

One of the longest downtrend channels in all asset markets is also...