Back in December I wondered how long it would take for the markets to show Mr Powell how things really work. Not the inverted yield curve, but another rendition of the Fed rate above the 2 year treasury yield. The recession formula. It has arrived on March 22.....maybe it won't stay that way but this is exactly where the entire Fed needs to be put on administrative leave for a while. Until they can show us how they're going to get their act back on track. They still think a rate hike might be the best medicine some time in the future, but that is definitely 100 percent wrong right now. You can't script this stuff any better.....
The infamous Fed.....
Started by
LMF
, Mar 23 2019 04:52 PM
2 replies to this topic
#2
fib_1618
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Posted 24 March 2019 - 08:31 AM
Through January 2019:
Edited by fib_1618, 24 March 2019 - 08:33 AM.
Better to ignore me than abhor me.
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#3
LMF
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Posted 25 March 2019 - 03:20 PM
From Friday my stockchart had FedRate at 2.400......$UST2Y at 2.310
See how it looks today
