Good morning … 2yy are UP 10d in a row and today there is finally some stability BUT it is early … Watching momentum (crossing BULLISHLY) and will check back in over weekend with a WEEKLY look (which continues to have more bearish momentum look) and while yields have been climbing it IS interesting to note stocks have yet to ‘look down’ (ala Mike Wilson)
This the first and only place I have ever heard anyone talk about GDI and it's relationship to GDP.
Thanks for the Education...