Love fellow rebel capital soap you're well so we've got some price action in the

Treasury market and with the dollar is giving us a very ominous warning

about what is happening not just with the US domestic economy but

likely the global economy. So I want to go into that in just a moment but before we

do I want to set up the data that we're going to be looking at in a couple of charts

by going back in time maybe a year and a half like that. You guys know from watching this channel

that I was talking about a phenomenon

that I thought would play out in the US economy

called inflationary deflation

or deflation

inflation inflation and obviously it sounds like an oxymoron but when you think about it

the whole hypothesis was the prices of the stuff you need are going to continue to go up

while the prices of the stuff you want will likely start to go down. So it's these two cross currents

that are happening simultaneously.

And which one wins?

Well, that depends on a lot of different factors.

But we see it playing out right now,

and I think we can conclude what we'll likely see

over the next six months or the next year based on this price action that I was talking about earlier with a dollar and the 10 year Treasury yield.

So let's go over to Twitter really quick here

because I want to revisit this and I've got to

actually do a screen share here.

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