Amazing isn’t it? It was only back in H2 2018 when everybody but you (because you are as smart as I think you are or
Tag: deflation
3 Amigos of Deflationary Macro Signaling
There are a lot more than 3 Amigos of deflation, but when I get a theme in my head it tends to stay until max
When Deflation is in the Air
When deflation is in the air you have people getting hysterical about negative interest rates and safe haven Treasury bonds. You have people telling us
The Great Inflation Delusion – Dr. Ed
Ref. Dr. Ed’s… The Great Inflation Delusion The central bankers have been fighting powerful forces of deflation. With all the liquidity they’ve provided, they have
Doctor Copper is Breaking Down
The already down-trending daily copper futures lost another support level last week and this morning is threatening a last ditch level. The weekly chart advises
Yields and Some of the Things They Influence
Long-term yields bumped up today… This of course bumped my position in the T-bond bear up. It bumped my position in the Regional Banks iShares
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
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
Goldilocks Now, But She’ll Be Vanquished
Just one look at the daily chart of SPX tells us – in hindsight – that this may have all been about gap acquisition. I
Inflation, Deflation or Goldilocks? Bond Market Makes No Decision Yet
Just a post to touch base with the most important market on earth, the US bond market which, along with a lot of other indicators
Time for a Turn?
This is the opening segment from this week’s edition of Notes From the Rabbit Hole, NFTRH 544. This segment is usually written before I’ve done