Fighting probabilities

When the blue line (the U.S. 10 year yield minus the 10 year breakeven inflation rate) trades above and to some considerable percentage above its 200 week moving average, it results in the S&P 500 either peaking or stifling any further advance.

I think it’s a dangerous equity market.

May 28, 2024

by Rob Zdravevski

rob@karriasset.com.au