The overnight Fed Funds has only just caught up to the 5yr Treasury Note Yield on the way down. The 3yr, 2yr, 1yr, 6m, 3m etc are still below. Only just started working on Bond Yields and their possible forward effect on the DOW, but yield inversion like this occurred back in the 01 Tech Bust, which suggests a low of around 10+% less than the Jan 08 DOW low judging from info.
Yet to look at USD index and commodity price effect, if there is any...but think the dropping USD might cushion things a notch if inflation isn't a major concern, but commodities might give it some 74 character.
CPI, effect of increased productivity doesn't seem to be factored into it? If CPI is 3%, and productivity is 3%, then real CPI is 6%?
dow, page-16
-
- There are more pages in this discussion • 149 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,889.6 | 7,969.1 | 7,889.0 |
| XJO (ASX) Chart |