Every major crash in modern history came after rate hikes completed. Either during the plateau or during the first cuts. No bulls can explain how we're going to avoid that fate this time. We hiked twice as fast as 2007 and 2018 hikes, yet somehow there's gonna be a soft landing? Yeah right LOL It's already looking like a broadening wedge like 2000; and about to...
This chart shows the effective federal funds rate in comparison to the 30 year and 3 month yield over the past five years. There are 5 interesting times to look at: 1. Late 2018 long term yields began to peak right before the fed stopped their hiking cycle. Yield curve began to flatten. 2. They then stayed put for about 6 months with the 3MY hovering right...
Greetings, Lets continue with our discussion. Today, we will try to look at the BIG picture. I started trading in October 2019. The main reason being that I find this to be challenging. I am trying to see if I can find a way to be profitable. Indeed the journey has been quite rough. I was struggling for 2 years trying to learn. But of course, listening to those...