Macroeconomics

As I dig deeper, the Bitcoin picture becomes clearer. I'm starting to believe that Bitcoin is the penny stock of the world's finance. I'm comparing Bitcoin to a fund that manages a basket of EM-related assets. This is the reported breakdown as of October: China 19.95% Other 16.59% South Korea 14.78% Taiwan 11.39% Russia 8.23% Brazil 8.01% South ...

Seems as if a lower high will be established on the lower timeframes as price comes back to test the previous low that's sitting on a strong support zone. A decent R:R entry could come at the completion of the the bullish bat pattern (it's based on the 1HR so exercise caution). Big data ahead this week with consumer confidence and personal spending numbers; GDP ...

"In general, we find that monetary policy should react to asset prices and should try to “prick” or “burst” asset bubbles." (Roubini 2005) Though it is clear they have not done so, anyone can see that there is an asset bubble in the stock, bond, and housing markets yet the FED continues their Zero Interest Rate Policy, and continues to print money at unprecedented ...

There are occasions where central banks policies diverge, either by one being hawkish the other being dovish, or by one being less accommodative while the other leans to provide further easing, in general these diverging moments are cyclical habits of markets, they come in various and actually unlimited ways and tastes, where the divergence of central banks ...