It's been 30 years since the Central Bank of Japan has maintained ECONOMICS:JPINTR near or even below 0% - WTF!
In combination with weak (or negative) GDP growth rates in the same period, the Japanese Government seems to be in a debt death spiral which will likely come to an end soon. See ECONOMICS:JPGDP and ECONOMICS:JPGDG
Default is inevitable!
Just realized that measuring the spread between TVC:US02Y and FRED:FEDFUNDS gives you a pretty accurate heads up of looming recessions. We might be in one from a few months now.
Isn't 7,173,313,985.56% enough to make this clear?
Strong confidence for a new ATH later this year.
Man, always good to recall what is the best performing asset ever.
US Federal Fund's Rate - US 2-Year T-Bond Yield
Only two times since 1989 this indicator has hound a ceiling at 2. We've been living the third time for some months now.
However, no indications of an incoming recession whatsoever (?)
