The Next Big Trade Is on Multiple Time Horizons

The chart of bond yields for the last 35 years is what i call the chart of truth. It just keeps going lower and lower and lower. So that's my macro backdrop. I'm always cognizant as could that picture change. The globalization picture is changing somewhat, because we're seeing this bifucated world where people want to bring their supply chains home. Maybe that changes the picture. There's no perfect thing. We're at the top of that long term trend channel of interest rates. And then we look at the yield curve that's inverting to say, in the future, the fedder can have to cut rates,. Bond yields are now at his and everybody's