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>> No.56949927 [View]
File: 99 KB, 1496x744, Mr Powell's wild ride.png [View same] [iqdb] [saucenao] [google]
56949927

>>56949863
>>56949892
But here's the more relevant comparison of SPY, UPRO, and TMF. Note the log scale.

What's important here is the absolute heeming suffered by bonds thanks to 2021-2023, where we saw massive government spending, inflation, and inflation-fighting hikes from the Fed.

If the future holds more massive government spending, inflation, and inflation-fighting hikes from the Fed, you can expect a similar heeming for anyone dumb enough to lend Janet Yellen money.

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