Deflation is alive…
In my earlier post today I show a UST 10 year divergence that is reaching untenability with the S&P500…it is currently suggesting that the S&P500 belongs at 1380. Using the recent Gold move to illustrate how that 1380 could be achieved and also a secondary endorsement of the Treasury hypothosis…Gold also points to 1380 for the S&P though that will, along with UST, likely be adjusted lower as Gold breaks its recent lows and UST Yields break their lows.
