Yesterday the market shit its pants because a group of eggheads ruminated about inflation and interest rates. Nothing had changed except that the market found an excuse to set loose…
He's the one in the middle, looking like he's bracing for something... The 10yr yield has officially hit 2.9% today (the 30yr still has a bit of headroom to 3.3%).…
All according to plan, I might add. Well, the "sending markets tumbling" part is its own animal. But as far as inflation fears and Treasury bond yields go, we're on…
Not to be lost in the excitement of the USD bounce, Amigo #2 and his 2 heads are jumping today. 10yr yield looks for all the world to be headed…
I find the previous two monthly charts of USD and Euro to be of such great interest that they could well be assigned the designation of Amigo #4. But that…
Amigo #2 made a big pop today and as such continues to rise with #s 1 (Stocks vs. Gold) and 3 (the 10-2 yield curve). Amigo #2 is actually a…
Out of the three, stocks vs. gold, nominal long-term yields and the yield curve, it has been the nominal yields Amigo that has been the most questionable; what with there…
Well obviously, the banks like the pop in yields. This was a confounding relationship for a few weeks and it caused me a minor squall of turmoil, both in my…
It has been frustrating for me trying to manage the long-term interest rate backdrop. I saw all the reason in the world that the 10yr & 30yr would take a…
Folks, the 'yield's rising to the limiters' near-term plan has been frustrating. Not for my own investment and trading because I've stayed balanced with a focus on interest rate neutral…
The TIP/IEF 'inflation gauge' is still motoring upward after breaking above the SMA 200. If this turns the 200 up along with the MA 50 it could indicate a mini…
Why has this market been so challenging for me? Well, for one thing a logical connection between the KBE/SPY ratio and yields broke recently as long-term yields rammed upward and…
Look, I know I am the boring macro guy. I know you want me to tell you when gold stocks are going to go up or how long this tech…
As I've been noting again, again, again, again, and again the macro backdrop is marching toward changes. I'd originally thought those changes would come about within the Q4 window and…