A melt-up is a sudden and often surprising rise in investment performance, characterized by investor herding and psychological factors rather than fundamental improvements.
The normal yield curve, often referred to as the 'positive yield curve,' reflects an upward slope showing higher yields for long-term investments compared to short-term ones.
An exploration of Personal Consumption Expenditures, the ultimate report card on how much Americans are spending and how it reveals the shopping thermometer of our economy!