2021-01-22

2008 Yield Curve Analog: If History Repeats, Stocks Top in the Next Month

Last time the 2s10s crossed 1 percent, and the last time it climbed 1 percent from its low, was in November 2007. The stock market topped at the end of October 2008.

Every example from the past 40 years occurred withing a bond bull market. Maybe this time is different. Maybe things aren't different, but can go on longer. Maybe.

For the very short-term, VIX looks like it is ready for a move higher.

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