In the August 9, 2011 post (“QE3 – Various Thoughts“) I posted a chart that depicted the movements of the S&P500, 10-Year Treasury Yield and the Fed Funds rate spanning the periods of various Federal Reserve interventions since 2007.
For reference purposes, here is an updated chart (through July 12, 2024) from the Advisor Perspectives’ site post of July 12, 2024 (“Treasury Yields Snapshot: July 12, 2024“):
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 5615.35 as this post is written
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