Yes, because at the time of writing (November), the Fed wasn't planning on rate hikes before the end of 2022. In December they've changed their plans to do it in March already, so the bubble started deflating as the yield curve started flattening.
10 year yield at 1.927% and 2 year yield at 1.4696%, yield spread at 45.55. Spread was at 125 on Oct 2021, a clear flattening. Question is do you think it will invert soon? March or April 22? And when do you think S&P500 will hit top?
Does the correction in progress change your stance about bubble mention at the end of above article?
Yes, because at the time of writing (November), the Fed wasn't planning on rate hikes before the end of 2022. In December they've changed their plans to do it in March already, so the bubble started deflating as the yield curve started flattening.
10 year yield at 1.927% and 2 year yield at 1.4696%, yield spread at 45.55. Spread was at 125 on Oct 2021, a clear flattening. Question is do you think it will invert soon? March or April 22? And when do you think S&P500 will hit top?
Your interview today with Good soil investment provided your view to my question. Thank you.