Daily Archives: April 5, 2016

[edit] Man, I am a typo making machine when I am in a hurry…  :-(

A little over a week ago we had a subscriber update (now public) on TIP, TLT and some signals for the markets.  Let’s update the charts from the update.

Nominal TLT and TIP continue with their “bullish slant” by the weekly view.

The ratio between them, an inflation expectations indicator, continues to be weak but I continue to favor nominal TIP for any long-term T bond exposure due to forward inflation expectations that I expect to whip up eventually.  But this chart is indicative of the new downturn in commodities and another downturn in the ‘inflation trade’ we have expected.  It was just a bounce after all.  Weekly…

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