The Pound has extended its weakness against the U.S Dollar as the UK economy slips closer to a recession. The UK cost of living crisis, which is down to high energy prices, rising taxes, and now higher interest rates is increasing the public mortgage, credit cards, car loans, student debt and other debt payments, causing investors to question the amount of...
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
CPI report is being released in a few minutes and it's expected to be INFLATED... Inflation is the Greatest Bull of All Times, something like Michael Jordan of the Chicago Bulls: The trade we like to take at every CPI report is Bitcoin LONG: Just remember to have some patience (buy a dip if you see it?) and most importantly: HEDGE witha short on Nasdaq...
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
Fed hawkish policy to fight inflation is putting in a high on GOLD. It's also about the speculation of how many hikes may happen this year. However, if FED will suddenly turns out to be less aggressive then this will quickly stabilize the gold prices, but for now, it looks like the current tone will not change so metals have room for more weakness. At the same...
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
Inflation in the US markets hit 7.9% last month - while the Federal Reserve was claiming that inflation was "transitory" all of 2021, realizing the US dollar may be in risk of systemic collapse they finally started to consider the possibility of raising interest rates (it's been near 0% for almost a decade now) -- arguably their only weapon to combat inflation at...
Oil exploding higher again making a 7 day run of 38% and XLE running up 14%. Long-term XLE is my play, raking in the dividends but taking profits relatively soon might be wise. We are right at the resistance level for XLE that looks to be pretty heavy but that resistance isn't like the Ukrainian military so I think it's more likely we blow through that level if...
Yeah, you heard that right. The Bureau of Labor Statistics has an announcement on their site saying, " Starting in January 2022, weights for the Consumer Price Index will be calculated based on consumer expenditure data from 2019-2020. The BLS considered interventions, but decided to maintain normal procedures. " They are changing their weighting. Does this raise...
Check out the two trends prior to this. Clearly, you can see the run of over 300% that was 6 years long and then another 5-year trend at 142% gain. I believe we have entered commodities run and companies that produce oil and sell gasoline or diesel are going to benefit hugely. I am making a call that by January of 2025 we will see XLE at $130. Even if it doesn't,...
Now that the Federal Reserve seems committed to raising interest rates in response to inflation (something that they denied was a problem during 2021) we're going to see a shift in the way money is talked about in the near future. What does this mean for crypto, and the greater economy, overall? - The US growth and assets markets have been driven strongly by the...
Hello fellow traders, Please check out my analysis of QQQ, I go over different possibilities of a market correction; how far down the market can go, and where to look for bounces. I also dive a bit into why we are seeing this type of price action. Take a listen and let me know what you think
Inflation Hits 7% in the US -- Is this Good or Bad for Crypto? It depends on how the Federal Reserve responds and how much faith people will have in the USD after the recession hits. Also forgot to mention in the video that crypto is considered an "inflation friendly" asset because it's not beholden to supply chain issues like traditional assets are.
At the end of every year, I usually write a predictions article for macro-level trends I expect to happen over the next year. 22' is the wildest one so far, even for me. The three pillars: economics (#crypto) - politics (#inflation) - culture (#NFTs) Original article: mirror.xyz
Our previous Gold analysis has played out, with inflation concerns in the market we can still expect more buying pressure in the market. Being that we've had a nice rally to the upside we'll be closely watching on the intraday time frames for a pullback to structure to go long
A little while ago I argued that virtual estate and real estate were inversely correlated -- as seen in the Evergrande example in China where Evergrande stock and MANA coin criss-crossed each other in terms of its ROI. It's yet to be seen how this will play out in the US real estate market but it seems likely that we'll start to see similar patterns emerge as time...
In this video: * We discuss Fed potentialities and future actions * What will the Fed do to tackle debt? * What will the Fed do to tackle inflation? * How this will influence market sentiments? * How the Fed will alleviate fears? * How this spills over into the crypto space and influences sentiment here.
Please don't make this political it's not. I could not care less about politics. Never mix your politics with Macro Economics! Political economic theories are a joke and no one who is serious should ever subscribe to them. Always let the data tell you what is really going on, never tell the data what is going on. That's the difference! FED's dual mandate of...