On the Yield Curve

As I watch the 10/2 yield spread inch another increment toward steepening I can’t help but wonder if the public, which was diddled so thoroughly (and incorrectly) about the negative implications of the curve’s inversion during the jittery summer, has – to the extent that the public even remembers the yield curve – breathed a sigh of relief now that the thing is back above … Continue reading On the Yield Curve

Man Stares at Charts, Reverses Wildly Bullish Gold Stance in Favor of Copper

A fairly well known man who stares at charts (and usually predicts macro doom) in the gold “community” has suddenly seen positives going on in the cyclical world (the charts are going up, duh), and while staring at charts of gold and copper has summarily reversed a wildly bullish view of gold to now become quite bearish on gold. Going the other way, this man … Continue reading Man Stares at Charts, Reverses Wildly Bullish Gold Stance in Favor of Copper