Weekend Update! Bitcoin UP 61%, Gold UP 18%, US Dollar DOWN -10% Since 9/26/22 (Mortgage Rates Hover Around 7% As 10Y-2Y Yield Curve Inverts To -100 Basis Points)

#bubble, #inflation, #wine, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, Agency MBS, Bank of England, Bank of Japan, Banking, Bernanke, Brexit, CMBS, CRE, Credit, Cryptocurrencies, Currency, ECB, Economy, Existing Home Sales, Fed, Freddie Mac, GDP, Gold, Housing, Inflation, Mortgage, New Home Sales, Oil, Pension, Powell, REITs, Silver, SPX, Stocks, Taylor Rule, Treasuries, Treasury, Uncategorized, VIX, Yellen, Yield Curve 1 Minute

Well, with Jerome Powell And The Fed tightening monetary policy (about half way there!), we have seen competitors to the US Dollar Bitcoin and Gold have soared since September 26, 2022. Bitcoin is up 61%, Gold is up 18% and the US Dollar is down -10%.

Mortgage rates hover around 7% as the US Treasury 10-2Y curve inverts to over -100 basis points with M2 Money growth crashed and burned.

Cryptos today are down. Bitcoin down -1.17%.

Buying more gold and silver!! And cryptos!

...I love gold.

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Published by confoundedinterest17

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