Financial topics

[aeden]

https://www.rawstory.com/how-republican ... y-in-1960/

Johnson was right.
Also rule 27.
Any one within 500 miles of the swamp is guilty.

[Higgenbotham]

Two year treasury rate broke out today. I had been posting this going back 3 years but changed it to 10 years for a better view of the current situation.

https://bigcharts.marketwatch.com/advch ... se&state=9

[aeden]

Money is moving hot as we seen before.
Our discussion moved to sterilization effects.
I forwarded the charts to indicate this from wolfy
who indicated he wanted to wring some ignant necks.

https://wolfstreet.com/wp-content/uploa ... SA-NSA.png

You nailed the inventory issue dead center. Inputs costs will and are blowing up the unwary.
They are evil and stupid Marxists always a bad combo.

As noted in other words, revolving consumer credit was roughly flat with 13 years ago, despite 13 years of population growth and 40% inflation.
In real terms and per capita, it has become a sideshow.

[John]

** 10-Jun-2022 World View: Two year treasure rate breakout

> Two year treasury rate broke out today. I had been posting this
> going back 3 years but changed it to 10 years for a better view of
> the current situation.

> https://bigcharts.marketwatch.com/advch ... se&state=9

• U.S. 2 Year Treasury Note interest rate, 2012-2022

So what happened in 2018?

[Tom Mazanec]

I am an email friend with someone (in Germany or Austria...forget which). We disagree on some things (particularly abortion) but he had an interesting take on the Fed recently. He speculated that the Fed wants to engineer a deep recession to cut oil prices and hurt Russia as part of Cold War 2.
Comments?

[Higgenbotham]

I thought it was well known that the Fed follows the 2 year but looking around the Internet that isn't the case or, at least, those who know that mostly aren't talking about it. I found this video where Jeff Gundlach does say that and shows a chart proving it. He also makes comparisons to 2018.

Basically, since the 2 year is up over 1 percent since the interview was done in March, whereas the Fed was way behind the curve when Gundlach was interviewed, now the Fed is even further behind the curve.

https://www.youtube.com/watch?v=XYOv0EwkciM

The other thing that comes to mind is how steeply the 2 year has gone up over the past few months versus the years it took to get to 3 percent by 2018. That makes it harder for the Fed to adjust. Hypothetically, what would happen if the 2 year popped another 1 percent early next week? Would the Fed call an emergency meeting?

[vincecate]

Crypto has continued down, which is some indication stocks will continue down Monday.

https://coinmarketcap.com/

[Tom Mazanec]

https://www.investing.com/indices/us-spx-500-futures

S&P 500 Futures - Jun 22

CME
Add to Watchlist

3,905.50
-110.75
(-2.76%)
16:59:59
-
Closed
.
Currency in
USD

(
Disclaimer
)
Prev. Close:
3,905.5
Bid/Ask:
3,905.25
/
3,906.25
Day's Range:
3,895.25 - 4,029.50


Type:
Index Future
Underlying:
S&P 500

https://www.investing.com/indices/us-30-futures

Dow Jones Futures - Jun 22

CME
Add to Watchlist

31,437.00
-826.00
(-2.56%)
16:59:57
-
Closed
.
Currency in
USD

(
Disclaimer
)
Prev. Close:
31,437
Bid/Ask:
31,368.00
/
31,518.00
Day's Range:
31,368.00 - 32,346.00


Type:
Index Future
Underlying:
Dow Jones Industrial Average

https://www.investing.com/indices/nq-100-futures

Nasdaq 100 Futures - Jun 22

CME
Add to Watchlist

11,858.75
-416.25
(-3.39%)
16:59:58
-
Closed
.
Currency in
USD

(
Disclaimer
)
Prev. Close:
11,858.75
Bid/Ask:
11,850.00
/
11,864.50
Day's Range:
11,823.00 - 12,338.75


Type:
Index Future
Underlying:
Nasdaq 100

https://www.investing.com/indices/smallcap-2000-futures

Russell 2000 Futures - Jun 22
1,801.80
-48.90
(-2.64%)
16:59:59
-
Closed
.
Currency in
USD

(
Disclaimer
)
Prev. Close:
1,801.8
Bid/Ask:
1,797.00
/
1,823.00
Day's Range:
1,790.50 - 1,856.80


Type:
Index Future
Underlying:
US Small Cap 2000

https://www.investing.com/indices/wilsh ... tal-market

Wilshire 5000 Total Market Full Cap (W5000)
NYSE Arca
Add to Watchlist

38,860.54
-1,191.33
(-2.97%)
10/06
-
Closed
.
Currency in
USD

(
Disclaimer
)
Open:
40,051.87
Day's Range:
38,833.48 - 40,404.58
52 wk Range:
37,901.30 - 49,089.39


Type:
Index
Market:
United States

If I read these right, the market will be down several percent?

[John]

Dow futures already down 182.

[vincecate]

https://www.investing.com/indices/us-spx-500-futures

S&P 500 Futures - Jun 22

Odd that they think it is Jun 22 when my computer says Jun 12, but they do.