Has nothing to do with Fed "rate path" and everything to do with QT in the face of monster Treasury supply. The only way for bond yields and mortgage rates to stop trending higher is for the Fed to restart massive QE.
They will do. Either sometime in 2024 or at the latest in Q1 2025, espacially if Trump wins.
Mc Carthy case bullish? IF Shutdown THEN no new Treasury issuance, right?
Looks like concerted intervention in Bonds by FED and ECB today: German 10y went slightly above 3.00 then kaboom down, Italian 10y went slightly above 5.00 then kaboom down, US 10y right in front of 5.00 then kaboom down... conincidence?
Hmmmm dunno, that would mean March 2020 was 1966 and we would now even go below the March 2020 low…
Look at the SPX from 66 to 82, the structure is a bit different than that of the Dow. The SPX made a far higher high in 68 than the 66 high was for example.
After that add they should have imprisoned him and the world would be a better place now. To terrorize the world with MS Windows is an assult against mankind.
Big Low Becomes Becomes the Big Base- 10/10/23
in The Daily Stool - Stock Market Message Board
Posted
Is he there or here?