Yield Curves, 2yr Yield, SPX (and a Crack Up Boom?)

While the 30-5 year yield curve does this, implying some inflationary issues… The more commonly watched 10-2 year does this, implying ongoing Goldilocks… While the nominal 2 year yield does this, implying “ruh roh!”… This last chart is ugly, isn’t it? As I’ve banged you over the head about since Q4 2018, this chart is surely out front in the signals that the Fed takes … Continue reading Yield Curves, 2yr Yield, SPX (and a Crack Up Boom?)