You know what to do.
Bye-Bye, Bonds
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.
Bonds Wither
Below is TLT, which continues to crumble away as the world realizes lending money to a failing nation isn’t a great idea. Get ready for higher interest rates, higher inflation, and a plunging Fed reputation.
Rates & Houses
Bonds have been in a free-fall since Powell spoke on Wednesday, which means that interest rates are zipping higher.
Broken Bonds
On Friday of last week, I pointed out that TLT (bonds) had broken their ascending channel. Well, that was the signal. Today they fell with some more gusto.
Channel Intact
Today was yet another victorious one for the bulls (there have been 52 lifetime highs on the S&P 500 this year; and I’m not being facetious; that’s the actual number). But before we get too carried away, allow me to share once again this ratio chart of the S&P and the 10-year rates. Take note of the resistance line and that reversal top.
