Fascinating study via Spencer England’s Equity Review: The
Yield Curve tends to flip negative whenever Inflation exceeds
Yield Curve (10 Year/Fed Funds) vs. Unemployment Less Inflation
click for larger chart
England’s Equity Review
The bold red line represents the Yield Curve, while the
thinner line is the remainder of Unemployment once Inflation is subtracted.
Quote of the Day:
"On the plains of hesitation bleach the bones of countless millions who, on the dawn of victory, stopped to rest and resting died."
-Omar Khayyam, Mathematician & Philosopher
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.