2 year, 5 year, 10 year and 30 year yield are all showing a similar characteristic:
· Low established in 2020
· Major support trend started forming since then
· Seem to have completed its retracement with a double-bottom
· Resuming on its major support trend
· Target to break above its recent all-time high set on Oct...
Inflation is plateauing and likely to end flat in 2023, so what will that impact the markets?
Though inflation peaked at 9% last year and has been declining to 6.4%, CPI seems to be plateauing and may close flat in 2023, but this is not good news at all. Why? Because the Fed wanted to see the CPI or inflation coming down to 2% in a sustained manner.
Studying...
