In my humble opinion, this post should have been ‘upgraded’ to NFTRH+. Not sure why it wasn’t.
Gary July 15, 2022
Point understood and respected. The reason I post it now is because it is representative of things we’ve been working on for many months and the situation has already cracked and we should be adjusted to it well ahead of time.
In other words, a lot of damage has already been done by the implications of the above. I don’t think it has been acutely actionable for 1.5 months now.
Michael B July 15, 2022
A non-reply reply. Great. I stand by my comment and remind you of the difference between (+) and non- (+) blogs. But I blogress…
Gary July 15, 2022
Tell me what that difference is in your view, Michael. Sometimes I feel as if I am robo-plus’ing subscribers with too much information. If this post is no longer actionable to the degree that subscribers were way ahead of it I don’t see the issue. But you are my customer and you know what they say, customer’s always right.
Mike C July 15, 2022
“The declining CGR imply an at least interim halt to the rising 30yr yield” I assume that means on an interim basis (does interim mean until the next rate hike?) you’re thinking an ETF like TLT is due to turn up at least temporarily?
Gary July 15, 2022
Yes Mike. It’s best to think of it as temporary. NFTRH 713 showed a very clear pullback target (page 4). It would get the herds off of inflation but if that is the new structural trend it would be a support area (on the yield).
In my humble opinion, this post should have been ‘upgraded’ to NFTRH+. Not sure why it wasn’t.
Point understood and respected. The reason I post it now is because it is representative of things we’ve been working on for many months and the situation has already cracked and we should be adjusted to it well ahead of time.
In other words, a lot of damage has already been done by the implications of the above. I don’t think it has been acutely actionable for 1.5 months now.
A non-reply reply. Great. I stand by my comment and remind you of the difference between (+) and non- (+) blogs. But I blogress…
Tell me what that difference is in your view, Michael. Sometimes I feel as if I am robo-plus’ing subscribers with too much information. If this post is no longer actionable to the degree that subscribers were way ahead of it I don’t see the issue. But you are my customer and you know what they say, customer’s always right.
“The declining CGR imply an at least interim halt to the rising 30yr yield” I assume that means on an interim basis (does interim mean until the next rate hike?) you’re thinking an ETF like TLT is due to turn up at least temporarily?
Yes Mike. It’s best to think of it as temporary. NFTRH 713 showed a very clear pullback target (page 4). It would get the herds off of inflation but if that is the new structural trend it would be a support area (on the yield).
‘That’ being inflation.