Macroeconomic stuff

Since 3/15/2020 total FOMC Quantitative Easing (+$8,970,000,000,000) + Congress Stimulus (+$4,500,000,000,000). Now, in 2022 FOMC Quantitative tightening started (-$95,000,000,000/month) & Congress stopped stimulus in mid 2021. This equals a macroeconomic liquidity event on the way up and on the way down. Here's a 15-year VTI chart with US market cap figures on the top and US GDP numbers on the bottom of the long-term trajectory trend channel:

IMF 2022 GROWTH PROJECTIONS
COUNTRY 2022 REAL GDP FORECAST
INDIA 8.2%
SAUDI ARABIA 7.6%
SPAIN 4.8%
CHINA 4.4%
AUSTRALIA 4.2%
UAE 4.2%
SINGAPORE 4.0%
CANADA 3.9%
UNITED STATES 3.7%
UNITED KINGDOM 3.7%
NIGERIA 3.4%
FRANCE 2.9%
SOUTH KOREA 2.5%
JAPAN 2.4%
ITALY 2.3%
GERMANY 2.1%
MEXICO 2.0%
SOUTH AFRICA 1.9%
BRAZIL 0.8%
RUSSIA -8.5%
UKRAINE -35.0%

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

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Newsworthy current events
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+5% portfolio trades, capital risk management
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Comment:

IMF world economic outlook published April 29th, 17hrs ago:
"Global growth is projected to slow from an estimated 6.1 percent in 2021 to 3.6 percent in 2022 and 2023. This is 0.8 and 0.2 percentage points lower for 2022 and 2023 than projected in January."

Comment:

Futures open in 30 minutes

Comment:

Futures green for now

Comment:

Asia & all global futures red

Comment:

Dow, S&P, Nasdaq Futures 1/2% green, which basically means nothing. lol

Comment:

Fed Interest Rate Decision
Wednesday 5/4 2pm
May 04, 2022 2pm actual tba% forecast 1.00% previous 0.50%
Mar 16, 2022 2pm actual 0.50% forecast 0.50% previous 0.25%

Comment:

2022 Fed Interest Rate Decision Calendar:
5/4 2pm
6/15 2pm
7/27 2pm
9/21 2pm
11/02 2pm
12/14 3pm

Comment:

Just an idea. Likely scenario is markets are red before Fed Interest Rate Decision on Wednesday 2pm and then bullish reversal afterwards.

Comment:

US 10yr Bond yield taps 3.002%

Comment:

VTI hits 52 week low @ $204.24

Comment:

Every market etf is rolling over today. DIA, IWM, QQQ, SPY, VTI

Comment:

Nice rally! Not that I trust it, lol.

Comment:

A whip, a saw, then get jiggy with it pattern this morning. lol

Comment:

DIA -1% for the week now at 330pm

Comment:

SPY -1/2% for the week now at 330pm

Comment:

IWM -2% now for the week

Comment:

VTI -1% now for the week

Comment:

QQQ -1 1/2% currently for the week

Comment:

Candlestick closes for the week:
SPY -1/3%
VTI -1/2%
DIA - 1/2%
QQQ -1 1/3%
IWM -1 1/2%

Comment:

VTI entered back into 15 year average trajectory trend channel.