TLT Chart Worth 1000 Pictures!!!

Описание: The economic business cycle is clearly entering contraction as growth slows and real GDP declines.

Also, declining M2 growth is a leading sign that inflation may begin to ease and the bond market appears to be pricing in recession, which in turn may mean future rate cuts by the Federal Reserve. But don’t hold your breath just yet.

With the 10-year bond moving from 0.50% to over 3% in two years, that’s a six bagger. That is one of the biggest moves in my life time. So, the question is: are bond rates ready to fall? If so, is it time to look at TLT once again?

Well, as they say, a picture is worth a thousand words. I say, a chart is worth a thousand pictures.