FOMC is set to cease bond buying The worst kept secret in the financial world is that the Fed is going to taper the bond buying macro manipulation that kick…
Gold as correlated with the CPI/TNX ratio has implied downside Earlier I saw some stuff about a gold breakout and thought about how they never seem to learn. They either…
#678 slims down just a bit but covers the relevant areas. And sure, we went macro again in order to help my own orientation, along with anyone else who may…
Part 2 appears to be taking off now after the summer cool down. But part 2 is not going to play out like part 1. It will be more difficult…
The Continuum continues to form its right inverted shoulder In the spring the NFTRH plan was for a "summer cool down" in inflation expectations and the inflation trades. This after…
The 10yr Treasury yield appears to be choosing its direction, breaking above the moving averages and hitting a new recovery high on the daily chart. The 30yr yield is lagging,…
HUI's bounce has come to its first key level. Here resides the down-sloping SMA 50 and lateral resistance. This was the minimum bounce objective and it could halt the bounce.…
For a sign of the end of the summer cool down - and deflationary whiff (such as it is) - yields will need to reverse upward and bonds head back…
The copper/gold ratio continues to be stalled where it was supposed to stall The global economic reflation instigated by balls out inflation (steroidal money printing and subsequent cost pushing) halted…
The sentiment backdrop is far different in long-term bonds now than it was when rates were rising and we projected a cool down in yields/inflation, and a favorable sentiment backdrop…
Macro markets quake as expected, bonds get a little crazy For months now we have been expecting the Continuum to make a roughly symmetrical right side shoulder. That is the…
HUI (daily) is pulling back as expected to test support at the area where the SMA 50 is rising to meet the SMA 200 and the channel breakout point. Our…
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 the above to a monthly…
Sure, anything can happen. But at the moment long-term yields are recovering, which has been the expected course... ...if the Continuum is going to reach the limiter. Markets usually push…