Gold is now bouncing vs. most risk ‘on’, inflation-sensitive and/or cyclical markets/assets Since first noting the very spark of an initial hint in NFTRH 653
Category: Market Indicators
Continuum to… Continue?
30-year yield threatens to rise anew Here is the daily chart of the 30yr yield. Looks like a flag breaking out to me. By converting
Copper & Industrial Metals vs. Gold
The indication from the metals is cyclical, pro-reflation and inflationary You cannot look at this chart and claim that the backdrop is not still firmly
Speculation is Intact by Junk Bond Indicators
Nominal Junk Bonds (HYG) show risk (and speculation) ‘on’… With a thus far small easing of the speculative froth lately, Junk Bond indicators continue to
NFTRH’s Signature Indicator Goes Big Time
One of NFTRH’s most important indicators goes big time… Except that the big time doesn’t know it, or doesn’t acknowledge it. But boy, when the
A Couple of Bear Flags…
Bear (Beer) flags in two seemingly unrelated items But are they actually unrelated? Neither of them likes the rise in long-term yields currently ongoing. So
Checking in on the Gold/SPX Ratio
Gold vs. Stocks is a major macro signaler And as yet the signal (i.e. trend) remains positive for risk ‘on’, for economies, for speculation and
The State of the Macro
It’s the Bond Market, Stupid As our Continuum chart predicted over a year ago, Jerome Powell was called to his higher inflationary powers when the
Yield Curve Steepening Continues
The 10yr/2yr Yield Curve continues to steepen This will probably amp up the prospects of some kind of Yield Curve control (YCC) by our trusty
Gold’s Typical Correction During Cyclical Inflation
When inflation works to cover up the economy’s weakness, gold under-performs Still we see them blaming manipulation and conspiracy, and still they are wrong. Is
Inflationary Yield Curve Steepener Continues Apace
As the yield curve steepens under inflationary pressure… Another day, another new high in the yield curve steepening, as everybody knows now that inflation is
The Yield Curve is…
You know what the Yield Curve is doing It is steepening to the tune of a new high as the inflation trades press on. FYI.
VIX’s Latest Tower of Agony
VIX just completed its 4th agonizing (if you are actively bearish) spike and drop since the March, 2020 crash These squalls of angst that erupt
Yield Curve Updated
With nominal long-term yields recovering as expected, the Yield Curve is joining in by resuming its inflationary steepener. Below is the big picture, which I