It means the difference between US10-US02Y spread will move up - arrow on the plot. We can already see that values jumped to 1.63 and that will continue!
The vertical dashed lines indicate the official beginning of recessions from https://fred.stlouisfed.org/series/T10Y2...
While the horizontal line (red/green) indicate 250 days moving average; Every time US10Y-US02Y crossed the 250d average the recession occurred but was not announced until a few months later!
It means interest cuts will follow during Presidential elections in the US and recession will not be announced until 2021!!!
The stock market didn't plunge due to gigantic stimulus i.e. money-printing!
Please check out this very nice visualisation of $10+ Trillion 2020 Economic Stimulus in Cash
Bitcoin wallet: 361JK8fe6dLoqZ3Ztg8Uwg2n2m6jyVHigS
Litecoin wallet: MG2eK4HTSMT4xNpeAGRzHccXGfDS3b2Tk8
Ripple wallet: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg
stocks/ indices bullish
does that make sense?
Everything is correct and run as expected i.e. 2021 will be a 77th anniversary of Bretton Woods i.e. new financial system! 2021-1944 = 77 years
It was all planned long time ago and announced in 2014 by Christine Lagarde "The Magic Number 7" watch from 7:10 https://www.youtube.com/watch?v=ZUXTzVj5-uE