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Sp500 ~ 4100 mid June!/lots resistance (?!) If sp500 has support moving above 21 days average may stay up there for awhile and up trends Friends think may have bottom ~10d ago sp500 3849
Bond market is just not believing what the Fed has been saying on rates. So, it is thinking that after 2 more 50-bps hikes and the start of QT, it may pause/stop. Even Atlanta Fed's Bostic (not a current FOMC voting member) said so. Treasury volatility MOVE (blended) has also peaked. While they say, don't fight the Fed, that is what the bond market is doing and one of them will win.
Stagflation being a condition of high inflation & slow growth may be transient. Economy may then go into recession or rebound - Powell Fed would control that to some extent.
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@yogibearbull and others probably will have more to say.
~ Yogi Berra
Stagflation being a condition of high inflation & slow growth may be transient. Economy may then go into recession or rebound - Powell Fed would control that to some extent.
https://stockcharts.com/h-sc/ui?s=$UST10Y-$UST2Y&p=D&b=5&g=0&id=p10002505086
https://finance.yahoo.com/quote/^MOVE?p=^MOVE