My apologies for suggesting you voted for Trump, I guess you didn't vote. In Australia it's an offense not to vote so I assumed you had, forgot it's optional in the US. Pity.
The bond yield does predict inflation. It's like Newton's Law for the stock markets.
Relationship Between Bond Yields and Inflation
1. Inflation Expectations:
• Bond yields often rise when investors expect higher inflation in the future.
• This is because inflation erodes the purchasing power of fixed-income payments from bonds, so investors demand higher yields as compensation.
2. Monetary Policy:
• Rising yields can also reflect expectations that the Federal Reserve will raise interest rates to combat inflation.
• Higher policy rates typically lead to higher bond yields, especially on longer-term bonds like the 10-year.
I didn't vote for Trump. Pardon me if I put as much value in your bond predictions as I do the image of Jesus that appeared on my toilet paper this morning. I laugh when a bunch of old penniless geezers start talking bonds, RSI, and post charts.
I also wasn't being political just saying what the. reality is here in the USA and why people don't think everything is great. I am lucky my discretionary funds are much larger than. my bills each month. For people that this isn't the case life is rough.
Joe Rogan talks about musicians and artists who reached out and thanked him for his endorsement of Trump, and who wanted to do likewise but feared being attacked if they did. All in conjunction with straightjacketing speech, and the First Amendment. Interesting.
Anyone gets to decide if it's hate speech. If it denigrates minorities then it's hate speech. Many countries have actually legislated against hate speech.
Someone in Australia just got a month in the monkey house for a nazi salute. He should feel right at home.
Recommended Posts