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Three year chart.
Rates and the CRB are nose diving. Show me an instance where the FED jacked rates with a plunging long end coinciding with a plunging $CRB. This is a picture of an economy in a tailspin, not one that is about to take off.
If equities were not endlessly manipulated higher we would be witnessing a panicked deflationary scenario. the FED is miles from raising rates.