I see the wedge patterns and I am aware of the significance some speculators ascribe to them, but is there an Austrian explanation why wedge patterns are significant of which direction the curve will go after the wedge?
And consumer debt has soared once again.What a mess. total consumer debt of $2.57 trillion dollars (WFD)"... the fabled "the consumer is deleveraging/paying down debt" nonsense and lies of the last few years." - 'The Mogambo Guru' - clark
I see the wedge patterns and I am aware of the significance some speculators ascribe to them, but is there an Austrian explanation why wedge patterns are significant of which direction the curve will go after the wedge?
ReplyDeleteAnd consumer debt has soared once again.
ReplyDeleteWhat a mess.
total consumer debt of $2.57 trillion dollars (WFD)
"... the fabled "the consumer is deleveraging/paying down debt" nonsense and lies of the last few years." - 'The Mogambo Guru'
- clark