With The Fed intent on raising the short end of the yield curve and not quite committed to raising the 10 year T-note yield (through a glacial unwind spreed), we have a yield curve slope that is going down.
Here is the 10Y-2Y slope since 1977.
Liquidity moves markets!Click here to learn how you can follow the money.
Thanks to Robert Norris for the Springsteen replacement.
At least gold is up since late 2015.
Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I am a contractor for Money Map Press, publisher of Money Morning, Sure Money, and other information products. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. In some cases I receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.