Forecast for Macro:
- Falling Wedge Breakout must be re-tested.
- Bear Flattener coming as short-term rates rise with Fed tightening expectations:

- 2x ATR spike in US02Y:
snapshot
- The Fed members will probably all have their turn to make comments, leaning hawkish. This should cause a rally in the US02Y.

- Bonds Volatility Technically Bullish:
Credit - Bonds Volatility Megaphone


- However, this will be followed by a steepener, respecting the Falling Wedge Breakout, as the Fed implements monetary policies to control Deflation, creating a Stagflation environment.

- US30Y, this is bearish and deflationary:
snapshot

- USOIL, deflationary. The US economy depends on Oil:
snapshot

- US Manufacturing Employment Index, looks to be at the top of the range, and on a decline:
snapshot

- Capital goods are the heart of every economy. Without manufacturing employment, no capital goods. No capital goods, no innovation.

- CN30Y, also bearish and deflationary:
snapshot

- China's Credit Impulse, and consequently - global credit impulse turns negative.
- No more credit flows means no more liquidity to flow into risk assets.

- M2V declining, if the economy was booming and growing, money velocity should be increasing:
snapshot

- Business destruction cannot be inflationary. Thriving tech businesses lead the recovery, but Tech is inherently deflationary.
- Reading the curve will be critical to see the macro turns coming!

GLHF
- DPT
Trade active
I said it will drop to 0.2-0.3, watching for continued decline: snapshot
Chart PatternscreditfedfundrateFundamental AnalysisfuturesHarmonic PatternsMacroeconomicsUS02YUS05YUS10YUS20YUS30Y

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