Saturday, July 23, 2016


How long will it take the Fed to change to a neo-Fisherism paradigm?
I assume here that ECB and BOJ are already a lost cause ...

Monday, July 18, 2016

S&P channel

The log(spy) from May 2009 until now.
The dotted blue line is a simple linear regression and the black lines are parallel to it.

Wednesday, July 6, 2016


Inflation (actually deflation) expectations back to 2008/9 lows ...