The Market Ticker - Pop The Corks And Drop The Rates?
Not so fast…..
First there is no un-inversion happening in the curve between the 13 week bill and 10 year. There should be if the economy is stabilizing — that is, a “soft landing.” That’s not happening despite the repeated recovery from dips (and quickly too) in the equity markets.
Second, the CPI continues to show triple the so-called “target” in housing costs, which is extremely bad from a consumer point of view and quadruple the target for transportation services. Yes, last month was very cool — last month. …….
(Click link to read more)
Source: https://market-ticker.org/akcs-www?post=252023
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