3 Month Yield History

Charts courtesy of StockCharts.com



Charts courtesy of StockCharts.com

Fed behind the curve on Global Imbalances?
Take note on the monthly chart of the expanding triangle clearly seen in the Fed's action since 1982. It seems that each reaction to the Fed's action, requires a larger opposite action from the Fed to correct. Such driven oscillations often lead to failures, like a car oscillating out of control on a slippery road. When properly handled, the oscillations get smaller and the driver recovers, but when behind the curve the car eventually crashes. Will we see such an event in the US financial system? Many respected and experienced people on Wall-Street have been warning of the imbalances in the system and the consequences of any failures like the Russian or Asian crisis.

Charts courtesy of StockCharts.com

Charts courtesy of StockCharts.com

3 Month Yield Commitment of Traders History

Charts courtesy of Floyd Upperman Associates

Charts courtesy of Floyd Upperman Associates