Market timing the US 10 Year Treasury Yield (TNX, TYX, TLT, IEF). A brand new lower low would imply higher recession risk.
Market Timing Brief™ for the 10-04-2019 Close: “Investors Buy Before a U.S. China Deal is Done. The Risk Our Economic ‘Good Place’ Becomes a ‘Bad Place’ Is Rising. Gold Up a Bit as Rates Slide Back to Prior Low.”