Loading ...I was looking at lots of charts of the regular popular crap and everything is down about 30%-50% more and less. The Bonds like cash have been getting buyers since mid June driving rates lower. Ten year bond 3.48% to 2.78%. Maybe its people running to cash after selling the regular stuff.
Lets not forget, the Feds original fear was deflation, thats why they carpet bombed money all over the globe. So its possible their pumping is only gave them an inflation blip, and they’ll be fighting deflation again. But the bottom line problem is a unstable, fundamentally flawed currency and financial system.
Plus, I’m still seeing “Buy one get one free” at the supermarket. Only the Meats are in uptrends.
Bonds climbing means rates dropping.
https://finviz.com/futures_charts.ashx?t=BONDS&p=d1
Oil dropping since mid June.
https://finviz.com/futures_charts.ashx?t=ENERGY&p=d1
Grains dropping.
https://finviz.com/futures_charts.ashx?t=GRAINS&p=d1
Softs dropping.