A lot of charters trying to bring to light the T10Y2Y, not a lot of charters adjusting the yield to the M1 or M2 supply correcting it for the QE that did not exist to prior times this has predicted recessions.
What does it tell us when we do this? you've missed the bottom.
What's even more scary? the US stock market has not yielded real gaining returns for 23.26 years. (adjusted for printing or QE)
Producer Price Index by Commodity: All Commodities (PPIACO)
has reached 257.022 from 130 in 2000.
You want to know why the FED forces focus on Y/Y inflation and not PPI? or adjusted stock markets to M1?
Simple you would learn very quickly that the US FED system has a hyperinflation problem that's unfolding and BRICS are aware of this.
When does the panic start? when the US public debt hits 50 Trillion? 100 Trillion? 500 Trillion? hate to be the bearer of bad news but the Weimar Germans will tell you once this starts to accelerate there's nothing that can be done to stop this unfolding unless a total lock up control of the system is implemented.
Now the only way to do this would be a CBDC. .