The Cruel Hoax pushed out on April 8, 2019

On that day the game makers in Washington convinced the world that they had everything figured out.  The market did make a new high in the following days by a percent or so, but now the chickens are coming home to roost.

Other than our post of April 29th when we got backwards in our interest rate comments, it may make good reading to take into account the posts between April 9 and today.

Interest rates are just being wagged around by the dog, (the market), and have little forecasting presence at the moment.

Here is the updated F-2 Fracture Chart.

 

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