Wow what a beautiful chart. Almost done with a full market cycle. You may know this as a "dead cat bounce" or the "ANGER" part of the cycle... lol.... but we haven't even hit depression!? woooooo lol. What this indicates is that ole Jerome Powell boy isnt done raising rates..... and he is for sure going to keep them higher for longer... the next couple of years according to timing on this chart. "higher for longer"
Self explanatory chart.... just a thing of beauty
Self explanatory chart.... just a thing of beauty