My Economic Outlook for 10-15 years ahead
The rare double-dip recession
October CPI report shows Inflation slightly decreased to 7.7% and The Fed already made a statement to decrease The Fedfunds Rate. Potential Fed pivot approximately will occur in Q1 or Q2 of 2023. That will be the time of disinflationary period or maybe we are already in by now. What to be...
UUP isn't too far behind either. BTC is under 40k- has been weak all week. I still think, if the dollar remains strong, why wouldn't this be bullish for companies that are sitting on a ton of it? AAPL, GOOGL, MSFT etc. It would seem overseas bonds would look attractive at this point given the slaughter they have been receiving.
Simple- Chinese Yuan currency devaluation by stealth over time against all major trading partners. Effectively, eliminating the effects of the trade tariff altogether.
This may be my second or third time analyzing the dollar index, so bear with me on this latest go. Looking at the weekly chart, especially in the last year or so, we see there is strong evidence of a reverse head and shoulders, only that the left shoulder is still to be formed. But, the reverse left shoulder aside we still have another strong bullish indicator,...
