What a difference a 100 days makes

[buynholdisdead]

@Leap1

Your make believe world involves me. You are putting words in my mouth.

As long as you understand that.

You seem to think your words just go into the wind and everyone has amnesia or worse.

Leap1

WendyBG

Nov 2022

Control Panel: Happy days are here again! Right?

@DrBob2 , the chart that @SuisseBear posted isn’t a yield curve, strictly speaking. It’s a distillation of the Treasury yield curve, showing the difference between the 10 year Treasury and the 2 year Treasury. Most of the time, the 10Y yield is higher than the 2 Y yield (a positively-sloped yield curve). However, look at the vertical gray lines that represent recessions – times that stocks usually fall in value. The 10Y-2Y chart shows that the difference consistently becomes negative within a…

Wendy,

If you look at 1980 it was not much of a recession time wise. The prior recessions during the demand side part of the cycle were shallower than the supply side recessions.

Yes we will have a recession, could have declared one this year almost, but a shallow recession. The current lay off headlines are in tech. The workforces are massive and these layoffs are good sized but not the soup of bankrupt companies.

@Leap1

Meanwhile you are betting as a market goes up before it goes down.

I am following my system and it seems to work better than your crystal ball. I don’t mind you having an opinion that we are going to have a recession every year but it is worth exactly what I pay you for it.