EMERGENCY UPDATE: Yields Collapsing After Hours
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 2 August 2024
⏱️ 16 minutes
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| 0:00.0 | Hello, Robocapattels hope you're well. So I took a break from my painting job moving offices to give you guys an emergency update. |
| 0:11.8 | I just looked at a chart of the two-year Treasury |
| 0:14.8 | yield after hours and it is collapsing. And I am talking about |
| 0:21.1 | fallen straight out of bed. I'm talking about the Wiley Coyote moment. |
| 0:25.0 | That chart that we used for the thumbnail, that's the actual chart of the two-year Treasury |
| 0:31.1 | yield right now. So let's check it out. |
| 0:33.7 | And for those of you who are new to the channel, |
| 0:36.0 | I'll connect the dots and tell you why this is so important |
| 0:40.5 | in terms of predicting when we'll have a recession and if we will have a |
| 0:46.9 | hard landing or a soft landing. So first and foremost let's get right over to a chart of the two-year |
| 0:54.6 | Treasury yield and look at this when the and you think it was oh well George |
| 0:59.7 | it's about Jerome Palat it's about Jerome Pal No, he was talking about he was talking before the market closed and |
| 1:08.3 | Josh when did he start talking can you pull that up eastern time and so that would have been right around here so right |
| 1:15.1 | around here we were at call it 4.3 I mean even at the 4.38 almost 4.39. |
| 1:23.4 | And then, let me see if we can go to a one day chart. |
| 1:26.6 | Look at this. |
| 1:27.5 | So I would assume this is Eastern time. So 2 o'clock, and that would have been right when the |
| 1:37.4 | Fed was speaking, so basically when they get done and then of course we are when would after hours start I don't know if this is my |
| 1:46.2 | time or if this is eastern time let me actually I can go here and find out so that would be |
| 1:51.5 | six that would be four that would be five that's |
| 1:54.9 | hmm this might not be updated let me just refresh go to one day chart |
| 2:00.8 | jeez Can't accuse me a click bait on this one. Look at that. Just |
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