Below is a brief excerpt transcribed from today's edition of The Macro Show hosted by CEO Keith McCullough
Take a look at the yield curve. People didn’t even know what this chart looked like until it became a macro tourist item about two weeks ago, when it inverted and hit the lows.
Put that beside Copper. What's that telling you?
You can also look at the Shanghai Composite's recent bounce. They’re all doing the same thing. Just following the curve. So, if you just stayed with the process, you successfully faded the CNBC-sponsored FOMO. And you would've made a lot of money in the process.
Fading the curve this morning will allow you to potentially buy more Treasuries. But be careful. They are not quite at the top level of the range in bond yield terms.
It's okay to have FOMO where you should’ve actually had FOMO. ln other words, all of the exposures that have been outperforming big time like Gold, Treasuries, REITs and Utilities. You just have to follow the full cycle investing process.
It’s fine to feel FOMO. Just have it for the stuff that's actually working.