This market is shrugging everything off, even the yield curve inversion. Now, I know this is a long term sort of signal but usually it means that there is a lack of liquidity in the market.
My thinking is that the yield curve could be a red herring since we could be getting a rate cut based on the action of the 90 day T-Bills.
I go into more detail (with graphs) on my stock trading blog.
My thinking is that the yield curve could be a red herring since we could be getting a rate cut based on the action of the 90 day T-Bills.
I go into more detail (with graphs) on my stock trading blog.