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What's What Is At?
Once again, it did feel like the bees this week. The s and p 500 was down four point six five % for the week. Gold was only down one point three, three % for theweek. And the long term treasury bonds, represented by the fund t l t or, only down one points two, eight%. What's been interesting about those is how far the yield curve is now inverted. But that's a really good example of how the federal reserve really has a tight control over the short end of the Curve.