We’re at the top of value in the Spoos, Gold and Dollar

Yields are being held hostage to the rhetoric from FED governor bloviation.

The charts say the rates can back off some more.

Ken Griffin has an extensive interview on Bloomberg posted last night from Singapore, where he lays out the firms view for the next 6 months.

Citadel is not looking for another major turn down in Equities until the latter half of 2023 when the effects of the recent rate rises filter through.

The one dissent I have with his assessment is that the Fed has any credibility at all!

I’m out of step with the trade over the past couple of days. Looking for the mid-week shuffle
for next direction.