An unpopular opinion I have is that inflation has already peaked. Just as the Fed took too long to raise interest rates. They now appear to be raising the Federal Funds rates too high in their attempts to mitigate runaway inflation.
For being such an unpopular opinion - it is oddly evident almost anywhere you care to look:
Freight Rates have dropped 8.2% y/y...
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...
When 70% of GDP is consumption, You really want to pay attention to retail sales.
With 3.4% unemployment, rising rates, and lagging wages there isn't much upside
left right now.
Do you want to own DDS?
Do you Want to own NKE?
Update:
US Consumer Confidence Index by University of Michigan
Bitcoin with a bear channel breakout dear Crypto Nation 🚨🚨🚨
Exciting to see if a BTC bull run begins
Will keep you updated 😎
Comment and Follow appreciated 🤗
*not financial advice
do your own research before investing
Hello traders!
✅ The upcoming week will be full of events. The most important are central bank meetings in USA, Switzerland and UK as we expect to have an increase of bank rate.
✅ During FED Meeting market watchers will be on high alert for how the U.S. central bank views the current pace of monetary tightening, the strength of the economy, and how likely...
ECONOMICS:USGDG
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%. Gold’s nominal U.S. dollar value per troy ounce slipped...
I've drawn the trend lines for you, support and resistances. as well as Fibonacci retracements. September cpi numbers and other economic news will determine the direction of this asset class. As well as the market participants confidence in the asset class. Id like to say were going to bounce off the trend line but I'm not confident this will happen. ive drawn 2...
Unemployment vs. Central Bank Tightening
We know there's a shifting of the tides. With unprecedented Monetary Policy to rescue the economy due to never before seen economic maladies. Dotcom, Housing Market Collapse, and now the C-19 Pandemic. We saw the Fed's policies fail during the Great Depression, could we continue to trust this policy to course correct an...
I'd like to kick off this analysis by saying these are two potential outcomes of SPY's future price action given that market fundamentals stay largely unchanged before and after the CPI release next Wednesday, i.e., no escalation in Taiwan and no wild earnings surprises before and directly after the read (yes, I know that is a lot to assume). The expected paths...
Well, it seems that historically when we get to the current sentiment about the economy, it predicts a strong recession. At this point, it has not happend because taking into account real interest rates, the economy continues being at expansionary levels, but this will cause more harming to purchasing power as inflation keeps growing.
What is the reason behind the recent growth of crypto market❓❔
The rise of cryptocurrencies following market optimism to reduce/stabilize the trend of increasing interest rates without the risk of recession❓❔❕❗
✅ BITCOIN has reached above $24 k and Ethereum above $1700 , and the markets...
GBPUSD H4
This 1.20 handle has been holding out really well for us, and have offered many trading opportunities (mostly shorting) in line with dollar strength.
Evident b2b hikes with risk flows and global trade fuelling dollar bid. Small correction seen over the last week or so, but still very much on track for further dollar extensions. Cable expected to see...
Here we can see the PI cycle top flashed early much like 2013
In 2013 it was April fools day when BTC started its correction
BTC reached the Center point of logarithmic regression around July 1
This correction was only 3 months in length
I do see a similar pattern here, If this plays out like the super cycle in 2013
then my personal targets are:
Center of...
Consumer Sentiment is just one tool for investors to use when choosing whether to buy, sell, add, or trim stocks. But it can be a very useful tool, especially when markets are heavily skewed in one direction as they appear to be today.
There have only been four (the three breaches during the 08 crisis I count as one) occurrences in the past when the U.S....
The main barrier to the wide adoption of DLT solutions by the energy system stakeholders is how energy markets are structured.
Aside from the buzzing neologism of Web3, there is a bit less catchy but hardly less important concept of Industry 4.0, which includes the new and revolutionary drivers of the next generation’s industrial landscape. And, especially when...
Looks like we are in the middle of wave 5 of the Elliott wave. It may take a while for this wave to "potentially" retrace to the previous low of wave 4 up to 38%, 61%, or 100%. I would love to see that. I personally believe that we are getting closer to peak inflation although there are other factors contributing to the dollar's strentgh. From last week's reading,...
