Thursday, November 20, 2014

Parabolic Trend Failure of the Day: The Rainbow of Prosperity (Musical Tribute)

The following chart shows the 5-year moving average of the natural log of the 3-month treasury bill yield. When using natural logs, constant exponential growth can be seen as a straight line.

Click to enlarge.

It’s a magical rainbow of hope and wonder!

See Also:
Charlie the Unicorn

Source Data:
St. Louis Fed: Custom Chart


Mr Slippery said...

The St. Louis Arch of Prosperity, Gateway to the Decline of the West.

Stagflationary Mark said...

Mr Slippery,

It's a magical arch of hope and wonder!

The Double Arches of Prosperity

Comparable sales in the United States declined 1 percent, less than the 1.9 percent fall analysts expected.

Twice the arches, twice the hope and wonder!