SPX vs US02Y & FED Funds Rate
Notice how the US 02Y closely follows the Fed Fund rate. Interesting!
SPX starts going down when 2 year bond rate and Fed Funds rate stabilize and start going down.
I'm thinking the market top is in September 2023.
SPX starts going down when 2 year bond rate and Fed Funds rate stabilize and start going down.
I'm thinking the market top is in September 2023.
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