As I’ve hinted, there is a mountain of fantastically-interesting data coming for SlopeCharts. Hopefully later on Sunday I’ll be able to do a big post about it, but in the meantime, here’s a sneak peek at some of the interesting information I’ve gathered for you.
As symbolized by the 3 Amigos, the macro backdrop is riding on to its destiny. That forward destiny is a top in stocks vs. gold (Amigo 1), a rise in long-term interest rates to potential if not probable limits (Amigo 2) and an end to the yield curve’s flattening trend (Amigo 3).
When our zany friends complete the journey, big changes are likely in the macro markets.
Let’s take a checkup on each Amigo and consider some implications as well. (more…)