SlopeCharts has thousands of fascinating charts in its economic database. Here are some interest rates I found especially fascinating, illustrating some of the craziness of the past six weeks. Click on any chart for a bigger view, particularly since it’ll let you see the title of what you’re looking at.(more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Anything resembling a bullish base has been destroyed. Negative rates, here we come!(more…)
I last wrote about US 10-Year Treasury Yields in my post of August 16, 2019, which warned of potential upcoming weakness in the equity market. It was trading at 1.556.
Since then, it rose to a high of 1.952 in December, reversed course sharply in January, and has plunged to an all-time new low of 1.254 as of 2:15 pm ET today (Thursday), as shown on the following Monthly chart, as equity markets reached a 10% correction level this morning.
The big question is, is this capitulation or is it a warning of further equity weakness?(more…)
I just saw this chart over at ZH which is draw-dropping:(more…)
My “triad” of strategy: bullish bonds, bullish gold, bearish equities, is my three-legged stool for 2020. I am pleased to see bonds (by way of TLT) with a bullish island reversal pattern this morning, after some fake-out weakness last Friday.
There are two things I turned bullish on when the year began: gold and bonds. Both of these are based on long-term patterns. Short-term, of course, I watch them quite closely anyway.
Bonds, by way of the /ZB futures, have been slowly (very slowly!) strengthening in recent days.(more…)
I got an interesting email from a Sloper (who has given me permission to share his charts). He pointed out that looking at interest rates over the long term had cracked their descending trendline.(more…)