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 June 30, 2023) from the Advisor Perspectives’ site post of June 30, 2023 (“Treasury Yields Snapshot…“):
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 4450.38 as this post is written