Blick in die Glaskugel analog der Analysen von McClellan
Ich vermute, dass die Anleihen einen Schritt weiter sind als der Ölmarkt und eine Rezession einpreisen. Beim Öl erwarte ich noch bis Herbst steigende Preise, evtl. bis November.
Wenn die realen Renditen fallen, könnte Gold weiter steigen.
Schönes Wochenende
Aus den Analysen von McClellan
"Further Inversion of Yield Curve Pushes Out End Date for Bear Market"
Auszug
"The key point to notice, though, in this comparison of the 10y-1y spread to the unemployment rate is that EVERY TIME we see an inverted yield curve, it produces a dramatic rise in the unemployment rate in the months that follow."
www.mcoscillator.com/learning_center/...date_for_bear_market/
Zum Öl
" That top in gold prices equates to a November 2023 top for oil prices, assuming that the 19.8-month lag time continues working right. It has been functioning for several years, so it would be weird to see it suddenly stop working now. And then oil prices should see a meaningful decline in early 2024."
www.mcoscillator.com/learning_center/...for_crude_oil_bottom/