Great Britain officially entered in Recession due to Two Consecutive Negative Quarters.
The British economy contracted 0.3% on quarter in Q4 2023,
following a 0.1% decline in Q3,
worse than market forecasts of a 0.1% fall, preliminary estimates showed.
The economy entered recession amid a broad-based decline in output,
namely in services...
70% of GDP is consumption, with that in mind, seeing such a bad number with a downward trend is very concerning for the future of the economy, revenues, profits, EPS.
Remember that core inflation is still very high at 3.9%. At this pace, we could end up in a stagflationary environment.
While many look at Nominal GDP. They are missing the importance of REAL GDP ...
Hello Traders, what a week it has been! So I think it is justified to provide you with everything I know and show you how I see things. On the chart you’ll notice an image. The image shows theoretical price action with a parabolic curve step-like formation, representing an idealised pattern in price action trading. The formation begins with Base 1, where the stock...
Macro Monday 13
ISM Purchasing Managers Index
The ISM Purchasers Managers Index (PMI) measures month over month change in economic activity within the manufacturing sector.
The PMI is a survey-based indicator that is compiled and released each month by the Institute for Supply Management (ISM). The survey is sent to senior executives at more than 400...
NOT! In the Labor Force remains at very high levels. 99.5 million people. To hit prependemic levels 5 million would have to start looking for a job. If that were to happen then the unemployment rate would skyrocket. Since the unemployment rate only counts those who are looking for jobs.
The question is if and when we hit a recession how high will we go?
Macro Monday 31
U.S. Dallas Fed Manufacturing Index
This Index is compiled from a monthly survey conducted by the Federal Reserve Bank of Dallas to assess the health of manufacturing activity in the state of Texas. It provides insight into factors such as production, employment, orders, and prices, offering a snapshot of economic conditions in the region.
The trade idea capitalizes on the economic strengths of the US and the challenges faced by Japan, making a long position on USD/JPY appealing.
Amidst the contrasting economic landscapes of the US and Japan, a long position on USD/JPY appears favorable. The robust and resilient US economy, marked by strong retail sales, positive jobless claims, and optimistic...
Global Central Bank Balance Sheet denominated in USD has broken the uptrend line down almost 16% or $5 trillion which is about 5% of Global GDP.
Why does that matter to you? Because there are $5 trillion more bonds available that have been invested in the bond market which takes away from other asset classes.
While global debt has skyrocketed (meaning more ...
I would like to offer my perspective on the major economic drivers for USD and GBP. Like the famous investor John Bogle says, "The market may be crazy, but it's not entirely insane. Fundamentals matter." This analysis compares key economic indicators of both countries in order to explore potential impacts on the GBP/USD currency pair in the long...
The S&P 500 (SPX) is currently exhibiting a Cup & Handle pattern, a classic technical analysis pattern often associated with potential bullish reversals. However, there are indications of a slowdown in the pattern formation, suggesting that the completion of the pattern may take some time.
Bull Trap Warning: There is a...
Burry has frequently expressed his views on Twitter (X), asserting that the market has not made a genuine recovery and is headed for a recession. He believes it's just a matter of time before we witness the ultimate impact.
Many individuals consider Burry to be an extreme pessimist, contending that he consistently focuses on the negative aspects. However, in the...
SPY is breaching below a short-term daily downward trend at a significantly investor-interested zone.
The dark gold region represents a highly trafficked zone of interest during the greater part of the first of the year. After a rather short testing period around mid-May, the market drove higher before return to a short-term downtrend.
Now breaking below that...
On the previous Quarterly Idea released as a macro/investor POV for TVC:GOLD ,
a *3M(monthly) area was given as an entry point in terms of market structure.
We received a great entry on a Quarterly Level *3M.
Salute to everyone of you who took action upon it.
Sure did the members of bingX copy-trade community.
" Where 2 Next for TVC:GOLD !?...
One of the major mistakes i have seen economists make is to not understand
the importance of markets. They are not traders or investors. As such they
lose a great deal of insight by not putting their hard earned money at risk.
I have indexed XLU AND NDX to get an accurate reading how they are behaving relative
to each other. One of the many great features of...
Very important day for Target, as it breaks a key 50-year trendline after it has already lost -50% from ATH.
Now crossing a line in of itself is not a big deal. However, how it breaks and what structure it forms after the break matters a lot. This is the 3rd time since 2017 it has tested the trend line. The last time it broke in 2008 it lost 50% of its value....
Key fundamental factors to watch for in the AUD/JPY currency pair:
Australian economic data: The AUD is sensitive to data releases such as GDP growth, unemployment rate, and retail sales. Positive economic data releases tend to boost the AUD, while negative data releases tend to weigh on the currency.
Japanese economic data: The JPY is sensitive to data releases...