The S&P 500 is at a fork in the road: new bull market as indicated by breadth and credit signals, or new bear market lows driven by Fed re-tightening financial conditions. Yield curve says new lows.
The Market: It's the Yield Curve, Stupid
The Market: It's the Yield Curve, Stupid
The Market: It's the Yield Curve, Stupid
The S&P 500 is at a fork in the road: new bull market as indicated by breadth and credit signals, or new bear market lows driven by Fed re-tightening financial conditions. Yield curve says new lows.