When the tight economic rope slackens [w/ edit]

[edit] Upon completing the article I realized that no forward look at the economy and financial markets from an inflationary/deflationary point of view would be complete without consideration of the Yield Curve. Here is its status at the time of writing. It is making a steepening hint this week along with the rise in bond yields. That signaling is inflationary, at least for now. But in … Continue reading When the tight economic rope slackens [w/ edit]

NFTRH+; not for nuthin’ but a certain index is hitting target #1 today

Just an FYI update that HUI has hit 230 this morning, which was the first in the target chain: 230 > 212 > 185 > anything above the 2020 crash low Here is the busy chart we used to manage the failure at resistance (325) and subsequent decline (with downside targets). It shows the first two targets, including the 62% Fib retrace of the rally … Continue reading NFTRH+; not for nuthin’ but a certain index is hitting target #1 today

NFTRH+; direction may be chosen

The 10yr Treasury yield appears to be choosing its direction, breaking above the moving averages and hitting a new recovery high on the daily chart. The 30yr yield is lagging, but also positive this morning. If the 10yr is leading the 30yr and if they both continue to rise then we’d have the Continuum’s right side shoulder put in and a procession likely back to … Continue reading NFTRH+; direction may be chosen