A dead-cat bounce in global macro:
All fueled by Central Bank spoofed consumer sentiment
Fake optimism versus non-existent economy (short-term interest rates):
Non-existent economy visualized:
U.S. GDP growth adjusted for debt accumulation
The long-term Treasury sell-off is an indication that investors are rotating to "cash" aka. short-term treasuries / money markets; nevertheless, this gap remains record wide and rising interest rates beckons stocks lower:
A bad time to be caught pretending.