Exactly two years ago, the Fed was raising rates in December while long-term yields were signaling deflation, as was the rest of the world...
It's fake reflation deja vu. What's different this time is that denial is far greater compliments of the bullshit-artist-in-chief and his legions of loyal disinformers...
This is going to be extremely painful:
Here we are again...
This too shall be painful
Especially this:
Make Oil implode again...
Yes, this again...
Indeed.