It’s probably not a coincidence that this is doing this… While these are doing this… The above are all still trending down (i.e. technically, bouncing
Category: Inflation & Deflation
Contrarian or the Herd?
Following is the Opening Notes segment of this week’s edition of Notes From the Rabbit Hole (NFTRH 560). In this segment I tend to let
And Now a Word From a Zombie…
Both compliments of MarketWatch, this morning’s Debt Zombies article I highlighted was something that I thought highly of, obviously. The writer is no b/s and
Debt Zombies; the Very Essence of an Inflationary Crack-Up-Boom
Isn’t that how it goes? A society (or in this case several developed societies now competing in the currency war) collectively spends more than it
Silver Hangs in There After Trump-Xi Punch Bowl Re-fill
So the all too predictable macro punch bowl rally is on. Here’s a snip from the Wrap Up summary from NFTRH 558… Gold is getting
Gathering Thoughts on the CRB, 30yr Yield and Inflation Expectations
I am aligning with other wise guys who see the bond bull getting over baked (how long ago it seems that the herds were on
Currency War to Bring Anti-USD ‘Inflation Trade’?
Gold is the leader. The playbook calls for it to bottom amid deflationary pressure and lead everything else up into the next inflation. Gold>Silver>Miners>Commodities>Stocks… or
Updating the Yield Spread (simple post morphs into a full frontal screed)
Here is the 10/2 as presented live here. The spread is pulling back very recently but maintains a modest uptrend (steepening) for 2019. Here is
Time to Talk Bonds Again
Over the years we’ve made a pretty big deal about how the herds get put off sides in bonds prior to macro cycle changes. The
You Have to Invite the Vampire Into Your House
A vampire needs to be invited in order to enter your house. So the story goes. But in this case, we are talking about the
The Inflated Sub is Losing Pressure
The charts are super interesting to look at. How quickly things turn, as if on a dime. 2018 featured a break above the Continuum’s limiter
Perfect, Gold Flushes the Inflationists Before the… Inflation
I have to hit the road today for most of the day. But a little note here as USD is firm and gold is getting
The Macro TIPS Toward Inflation Protection
No long-winded post about what I think it means. Just a picture of the ‘inflation protected’ US Treasury bond iShares (including dividends) hitting new highs.
Yield Curves, 2yr Yield, SPX (and a Crack Up Boom?)
While the 30-5 year yield curve does this, implying some inflationary issues… The more commonly watched 10-2 year does this, implying ongoing Goldilocks… While the