Equity markets are making good shapes
November 16, 2023 Leave a comment
A monthly overbought ‘5 year forward real interest rate’ portends a trough in the S&P 500, 3 or 4 months hence.
The circles highlight the overbought 5 year real rate.
The rectangles point to the trough in the S&P 500.
November 16, 2023
by Rob Zdravevski
rob@karriasset.com.au
About Rob Zdravevski
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