>As your friend Steve said " Paradigm shift takes time. People don't easily give up on their principles of investing " Hence i believe that one day market will come up to their senses that rates are actually at 5% (could go 6% if sticky inflation theory is correct) not 0%. That means something for equities valuations.

Using my indicator on myself Dr Burry. 😂

I don't really use it on daily tf. I just use it on weekly time frame and waiting for when US10 and SPX to go from +0.66 to -0.5 or below. That will mean US10 i.e. bond price and SPX i.e stock price will have -ve correlation somewhere down the line. So if inflation falls off the cliff below 4% in back half of 2023 bond prices will go up i.e. yields down and stock prices will go down.

But yah i think you're right. This was the reason on daily tf why bond prices fell but stocks didn't coz it became -ve correlated by going from +0.5 or higher to -0.4. Thanks for giving me a lesson man. ✌

Note : It will go up on +ve correlation on daily time frame soon.😜