Doesn’t matter what Powell does or says this week. The issues driving the economy are Bernanke’s QE’s and Trump’s tax cuts. Old news and unproductive for Real Growth. We monitor the deflationary scorecard. Cross trends for stocks, commodities, dollar. So be long bonds & gold.
Updated Fracture Chart
We project the blue fracture line to rise to the 0.300 to 0.400 area, from current 0.040 area over the next 18 months.