
Mixed Bag of Post-Cuts

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.

This lines up beautifully with my assertion that rates are about to plunge.

Amongst my watch lists is one I rarely bother viewing called Rates, where I’ve got 21 different interest rate charts. I wandered in there today and noticed something quite interest: rates seem to be forming their own very impressive topping patterns, similar to what happened before Covid.
If these patterns complete – – and, for the government’s sake, I hope they do – – it would seem to me interest rates are about to go into a free-fall.

Let’s keep an eye on bonds (and, by way of extension, interest rates). The rally in bonds seems to be petering out.

So remember, boys ‘n’ girls, an inverted yield curve has 100% prediction success with respect to recessions, but you’re supposed to believe that this time, which is the most severe one ever, is going to magically be different.
