@MyLordBebo His country is in really deep shit. It is someone else who is leading the country. The man delegate his signature. He stole 3 elections : 1992, 2018 and 2025. He eliminates as usual all great candidates and this time, 75% vote for an opposition party Tchiroma. The guy lost !
The 10y2y Yield is back to the 0 line.
The Inverted Yield Curve is one of the most accurate recession indicators.
The longest inversion prior to 2022: 16 months
The current inversion: 24 months
🟥 = Recession
🟩 = Fed Rate Cuts
🟦 = 0% line
#recession#Economy
Treasury markets have never experienced such large losses:
The Bloomberg Treasury total return index is down 11.0% from its 2020 peak, exceeding every other drawdown recorded over the last 100 years.
The drawdown accelerated after one of the fastest Fed rate hiking cycles in history with 525 bps of rate hikes in 16 months.
To put this into perspective, the second largest drawdown of the Treasury market was seen in the late 1970s at 7.5%.
Meanwhile, $TLT, a popular bond-tracking ETF is now up 1% year-to-date after initially dropping 10%.
Bond markets are signaling a major shift.
BREAKING: Inflation adjusted home prices are now a near record 100% higher than the long-term 130 year average, according to Reventure.
Even at the peak before the 2008 Financial Crisis, inflation adjusted home prices were ~10% below current levels.
Furthermore, prior to the year 2000, home prices were almost directly in-line with inflation.
The only 2 times in history that home prices were nearly 100% above the 130-year average were 2006 and 2024.
Something needs to give here.