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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Meaning Of the Bond Mkt Inversion..
10 yr Treasury is at 3.42%
3 Mo Treasury is at 4.27%
FED Funds is at 3.82%
The inversion of the FED funds and 10 yr Treasury has never happened before.
Which means people are putting money into the long term bond because they have no confidence in the economy going forward..This is also to be seen in Equities, equities will rally but before long the wall of worry stalls out the rally.
The Animal Spirits have dun spoken..they have no belief nor hope that the economy is going to get better. The spirits are worried about dark days ahead..from Dimon to Munger and every body in between.
There are ill winds blowing..people do not tend to notice things until the package has been delivered.. So Amazon Prime has already dun delivered this package it is here and is on the doorstep.
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"Some Observer"
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