Macro Changes for Gold and Stocks

Since early 2016 we have been carrying forward a theme illustrating that until the macro trends in place since 2011 change, the situation would be as is, stocks trending up…

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Short-term Stock/Yield Correlation Continues

Remember not long ago when stock investors were encouraged by the media to fear rising long-term interest rates? Remember how we said that stocks would likely rise along with rates…

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30yr Yield and S&P 500

A stroll through time with TYX & SPX. A great bull market in stocks began in the early 1980s after yields topped out and began to decline from very lofty…

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Amigo #1 Nearing a Wall of His Own

In February Amigo #2 braced for 10yr & 30yr yields to hit their limiters as noted by the black arrows. We noted that while this was a warning, no real…

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3 Amigos of the Macro, Updated

You thought I was done with the Amigos shtick, did you? Not by a long shot ma'am. They are the happy-go-lucky riders in play as the stock bull market churns…

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