Archive for June 2019

What can the Fed do ?

What if the real story is: Over the past 9 months the interest rate markets did their job of forecasting an economic downturn by flattening the yield curve. The FED is now trying to play catch up by steepening the…Continue Reading →

The Unraveling Intensifies

The manipulation of the markets has reached unprecedented levels it seems, and probably was to be anticipated. Two charts here kind of show the picture. First an update of our long standing Fracture Chart. Powell’s comments on the possibility of…Continue Reading →