This chart is an inverted chart of the IEF/LQD ratio with a SPX (SP500) overlay line chart Not Inverted . This shows the corrrelation to easing conditions and the S&P500. This is what the FOMC is failing at fighting. With QT and rate hikes, this has only had pullbacks. Jawboning too.
Chart PatternsconditionsfinancialFundamental AnalysisIEFLQDS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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