Yield Curve, Unemployment, and Sunspots
#1
Posted 28 August 2024 - 05:54 PM
"...If you have enjoyed this most recent yield curve inversion, then you can look forward to having an inversion again in around 2034, which is 11 years after the 2023 extreme point for this current yield curve inversion. But for the next few years, you can look forward to short term rates being in their more normal position, i.e. lower than long term rates. And you can also expect that a weaker economy will be the reason for that.
Tom McClellan
Editor, The McClellan Market Report
https://www.mcoscill...t_and_sunspots/
www.mcoscillator.com
#2
Posted 29 August 2024 - 03:33 AM
in the meanwhile, I'm long
forever and only a V-E-N-E-T-K-E-N - langbard
#3
Posted 03 September 2024 - 09:58 AM
From here to the Fed meeting day the market is likely data dependent. For tomorrow we are going to have JOLTs job opening and the Fed Beige book; Thursday ADP Nonfarm Employment Change, and Friday NFP ...........................
#4
Posted 03 September 2024 - 01:03 PM
Now the market is in extremely over-sold conditions and I see a bounce is in the cards for tomorrow if the JOLTs job data not as bad as feard ...........................
Edited by redfoliage2, 03 September 2024 - 01:05 PM.