Diary: Week 60- We have A Winner
So, for pretty much most of this year I have banged the drum about 3 analogs in terms of markets and backdrop that seemed to fit with today.
As we head towards what I suspect will be a pivotal 4th Quarter one of the three is clearly in the ascendancy.
We have seen the US bond market and 2-year yield in particular follow an almost identical path to that seen into this point in 2007.
As we can see the similarity in path is nothing short of astounding.
Will that continue? We will see.
--See this piece on the If The Shoe FITZ website (Yes you can subscribe :-)
A new addition on the website now is also an audio version of this piece.
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