Pivotal Juncture for the Reflation Trades

RINF (inflation expectations) has sagged to its trend marker (SMA 50). As has TIP/TLT. While the heretofore inflation signaling yield curve has also eased a bit. The wild card here is that it can steepen due to deflationary pressure as well. KBE (banks)/SPY ratio is still on its rally, though pausing at the moment. The commodity patch driven by the oil wild card is blah. … Continue reading Pivotal Juncture for the Reflation Trades