Yield Curve continues to steepen after the recent inversion
I do believe that we have ourselves a Yield Curve steepener on our hands.
Here is the new steepener in the context of the unfinished business I think the curve had back in 2020 before Corona virus hysteria hit like a tidal wave. That first 2020 steepening impulse was deflationary. The long slog upward into 2021 was inflationary. Again I’d say don’t count on the next steepening being inflation-driven. In fact, I’d bet against it.
This is a time for geeks and nerds. Not a time for automatic thinking by herds of automated entities. And even then, the nerds have to do their nerdy work in order to get it right.
For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need to scroll down) or see other options. Keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter@NFTRHgt.
I bet against it too. Giving in to hyperinflation would be like surrendering, something the FED won’t do as long as they have some (imaginary) degree of control.
Well, they will not willingly give in to it. They’ll try to reverse it with this pathetic Kabuki Dance they are doing. The question on the big picture is when is enough enough? When is the system finally saturated with toxic policy inputs and just rolls over of its own polluted bloat?
The system is equivalent to the movie “Weekend at Bernies”.
In this movie who – or what – is Bernie? Oh wait, I know.