The spread between 10 year US bonds and 2 year US bonds is currently at 5 year lows and will likely go negative post the fed rate hike next week. This would most likely cause the US yield curve to eventually invert and is a harbinger of a decelerating/recessionary economy going forward. Will tax cuts save the day? I doubt it.
S&P 500 Yearly and Quarterly Levels
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At the end of the first week of 2024 the S&P 500 breached the Yearly Mid
(R)esistence Level 1 (YMR1) at 4,781 to the upside. In March the S&P 500
consolida...
14 minutes ago