Any discussion of the banks and greater Financials sector has to include a discussion about interest rates. I believe that long-term interest rates will eventually work higher and if that results in a steepening yield curve (with the Fed pinning down the short end) so much the better for the banks as long as the economy holds up. In other words, if a cyclical inflation … Continue reading NFTRH+; A Piggie w/ a Potentially Very Bullish Chart
Following is the Opening Notes segment of this week’s edition of Notes From the Rabbit Hole (NFTRH 560). In this segment I tend to let some thoughts stream out before buttoning down to the analysis. Opening Notes: Contrarian or the Herd? To this point, with Treasury bonds getting a bid that seems as strong as the bearish sentiment was in H2 2018, it has felt … Continue reading Contrarian or the Herd?