This is just breathtaking, as the would-be steepener is now dead and buried. It has the feel of a final and dramatic move. A lot
Category: Market Indicators
The Yield Curve’s Steepener is Cooked, for Now
The 10yr/2yr spread is making a lower low, that breaks the steepening trend of 2019 and the signal would normally be thought to be Goldilocks;
Silver/Gold Ratio Continues to Work Off the Froth
Because after all, nothing goes straight up and that includes this oh so important macro indicator. We’ve been noting in NFTRH the last couple weeks
Looking Closer at the Silver/Gold Ratio
The noise about silver continues. But I’ve been talking about silver since before everybody was talking about silver, so let’s not stop now. In this
Yield Curve Continues Firm Rebound
Jerome Powell (I have to believe purposely) rammed it back into gear. Deflationary or even Goldilocks signaling will not do. I don’t pretend to know
Stocks Still Highly Suspect in Relation to Gold
Here’s SPX (SPY) vs. gold (GLD) showing two down-turning moving averages, which means the beginning of a potential new downtrend. If SPY/GLD takes out the
10/2 Yield Spread Alligator Chomping Along
The most recent tooth in this alligator’s jaw is toward the flattening side as the 10/2 continues to grind out a potential steepener for 2019.
vs. Gold
Just another episode of that slow-moving macro drama, ‘vs. Gold‘ (using ETFs). Spoiler: the bottom line about the pictures below is that we are still
Yield Spread Continues to Hint at Steepening
A steepening yield curve/spread does not need to bring on doom, as it did in 2000 and 2007. In the early 90s a steepener went
SPX and the World vs. Gold
I realize much of this is driven by a hysterical pump in gold but still, taken at face value this cannot be a good sign
Yield Spread Launches on FOMC
Aye aye aye, the yield curve liked (or didn’t like, depending on how you view it) something that went on today after 2:00 US Eastern
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
vs. Gold
Time for another installment of the ever popular vs. Gold using ETFs as usual. SPY/GLD has been bouncing but is still suspect at best. ACWX/GLD
A Handy Yield Spread Tool
I searched for a live yield curve chart and could not find the curve as we usually view it, which is the 10yr-2yr available on