There are three lines in the chart, one is S&P500, one is the US 10-year treasury yield, and one is the 3-month treasury yield.
In the past, the SPX usually lead the 3-month yield is falling. This means Fed will cut interest rates aggressively when the market turns into a downtrend. However, it's different this time. The S&P500 had a low in Oct 2022, and the Fed continued to rate hike afterward, which means the Oct low is not low enough to scare the Fed from a rate hike. In the chart, not until something breaks the Fed would not start a rate cut.
We will challenge the Oct low and even lower until the Fed changes its mind. Expecting more rate hikes, lower S&P500.
In the past, the SPX usually lead the 3-month yield is falling. This means Fed will cut interest rates aggressively when the market turns into a downtrend. However, it's different this time. The S&P500 had a low in Oct 2022, and the Fed continued to rate hike afterward, which means the Oct low is not low enough to scare the Fed from a rate hike. In the chart, not until something breaks the Fed would not start a rate cut.
We will challenge the Oct low and even lower until the Fed changes its mind. Expecting more rate hikes, lower S&P500.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.