Walk in the Pines #2

This Week's Best

Chart of the Week

The 10 and 30yr yield charts have built nice rectangles that will tell us a lot about the reflation trade when they break. My money is literally on higher yields but you have to be ready for anything here.

Tweet of the Week

Good chart showing the fact that the vaccines are starting to put the Covid fire out. Not shown here is the data from Israel which is showing us that the vaccine is absolutely crushing the virus.

Reads of the Week:

• Ambrose Evans-Pritchard had a great piece titled “Biden’s mega-stimulus widens the staggering gap in fiscal support between the US and Eurozone.

• Speaking of Biden’s “mega-stimulus” – Pelosi and Bernie have both talked more serious recently about using reconciliation to pass the legislation.

Listen of the Week:

• The End Game with Paul Singer. Anyone that manages money well for about 50 years deserves your ear.

Watches of the Week:

• I always like to know what Lakshman Achuthan is thinking about the economic cycle.

• Peter Brandt was on RV Live to share his outlook on the year to come and where a lot of charts are right now.

Quote of the Week

“The others obey their own lead, follow their own impulses. Don't be distracted. Keep walking. Follow your own nature, and follow Nature - along the road they share.”

― Marcus Aurelius