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If you are in any way interested in precious metals, check out what today's video sponsor, Monetary Metals, is doing with them at the link below: http://www.monetary-metals.com/Snider/ Rates are down sharply, so much the broad yield curve re-inverted from one critical spot. Given the macro context with crashing consumer confidence and a steep loss of economic momentum, particularly in the services sector, that re-inversion along with a multi-month low in 2-year yields is telling us everything we need to know. Eurodollar University's Money & Macro Analysis Bloomberg Treasury Yields Slide as Confidence Gauge Stokes Economy Fears https://www.bloomberg.com/news/articles/2025-02-25/treasuries-rally-as-traders-boost-bets-on-fed-interest-rate-cuts Conference Board Consumer Confidence https://www.conference-board.org/topics/consumer-confidence https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |