$SPX vs yield curve &amp; unemployment as % of workforce. Near perfect correlation between YC/UNEMP &amp; rotation in and out of equities.  YC/UNEMP &gt; Equities forms base for new bull market. YC/UNEMP &lt; Equities outflow to credit markets. $ES $SPY $TLT https://t.co/nIMKN0grxZ