They usually work. It’s just that sometimes you’ve got to wait a while for them.
I sometimes go rummaging through the chart lists (today I did this after making an earlier post, a few trades, hitting the treadmill and not having any interesting hockey content to read about) to see what they are doing.
Stocks, markets and of course macro indicator charts like this one reside there. It is untouched since it was created probably well over a year ago. It’s question was whether the 30yr-5yr yield curve was predicting a bear market like it did in 2000 and 2007 or a fake out like 2014?
Well, it appears that the former is in play. The 30-5 also led the 10-2 yield curve to steepening.
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