Loading ...10 YEAR INTEREST RATE CHART
HOT TOPIC : WILL THE FED CONTINUE TO RAISE RATES AND FIGHT INFLATION AND DAVOS
OR WILL THEY BE FORCED TO PIVOT ?
Tom Luongo and others say they will stay the course.
Ed Dowd says the market is saying they will cave and go back to the FED put
Two brillant analysts…maybe they will both be right ? But right now
..watch this chart for clues
ON BALANCE THIS IS A BULLISH CHART RIGHT AT SUPPORT OF THE BOTTOM LINE AND THE 50 WEEK MOVING AVERAGE
WE FORGET WHAT A BIG MOVE THIS IS OFF OF THE HISTORIC “PANDEMIC ” LOW …10 BAGGER
PROBABLY THE MOST IMPORTANT CHART ON THE PLANET RIGHT NOW
The Fed is screwed. Banks will continue to either get bailed out or fail – contagion is a serious possibility. If they raise rates, they’ll exacerbate and accelerate the financial meltdown.
If the cut rates, they’ll be back into the QE biz – which, btw, they have already started even if no one is willing to admit it.
It’s a mess either way. Deflation, followed by Inflation.
Or Inflation, followed by Deflation.
Either way, our collective goose is cooked.
Take a sidebar vote — will they pause – keep raising – or drop?