- SPY RSI is only 56 so no threat from stocks (YoY +20%)
- Fed leaves rates unchanged and –ve QE which is good for bonds (last year they were dropping rates)
- 3 months more are needed for KW to meet inflation targets 2.4 and interest rates 3.1
- 6 month down cycle for bonds is ending (deeply oversold)
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Recent Posts
- Unlike last year at this time, TLT will do well (+12) the next 3 months
- Notice the Tuesday Before the Fed Meeting July 30 2019 and Jul 30 2024…
- KW leaves future rates unchanged and inflation still a problem (unlike JP he doesn’t care about negative payrolls or retail sales)
- FED finally fights inflation
- Oil Trends Down
Archives
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Other Indicators
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Longer Term