WE ARE COMING OUT OF A RECESSION. NOT GOING INTO ONE.

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This chart shows 10-year yield, which is closely tied to mortgage rates, minus the Federal funds rate.

When this figure is negative, it typically indicates that we are experiencing a recession or economic downturn.

Conversely, a positive number usually aligns with economic growth, often referred to as the good times.

While it's up to you to determine the reasons behind a official recession not being declared during the Biden administration, the undeniable data reflects a prolonged period of economic strain.

However, the current trend seems to be shifting towards a positive reading, which should lead to more accessible lending and economic growth.
AKA The good times are coming.
註釋
see how this ratio with the #SPX overlayed is soo important.


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