Legendary technical analyst Louise Yamada looks at two centuries of US interest rate cycles and says we're at a generational bottom.
How far back should you go to chart interest rates if you want to know what kind of cycle we’re in?
Since this is Chart Week on Talking Numbers, let’s take it up a notch: How about since the 1790s? That’s exactly what Louise Yamada did for us. The founder of Louise Yamada Technical Research Advisors went back to the early days of the republic to see if there are any patterns to interest rates and what they can tell us about what’s next.
And, Yamada says now will see the start of higher interest rates for the next couple of decades.
Charting 222 years of US interest rates, Yamada see seven completed major periods lasting between 22 and 37 years. Three periods had rising interest rates and four had falling interest rates. She sees now as the start of the eighth period, which makes it the fourth rising interestRead More »from Here’s 222 years of interest rate history on one chart