Continued Claims (Insured Unemployment) (CCSA) to date; 2020 has moved in unprecedented ways. I have therefor analysed it's behaviour in the past similar to this one.
Important to highlight the 1989 Crisis was caused by FED bailing out a portion of the 1,129 failed Savings Institutions. Similar to our current situation caused by COVID. 2020 only US printed 3...
A paradigm shift followed the "It's time" chart more rigidly than even I expected. Apologetically we can give the official ✅ for those following the example of dogmatism from @ridethepig and can see clearly how far we have come:
📌 It can be said that the opening knee-jerk reaction ...
Let’s be realistic, unemployment rate will increase drastically and people will try to save more instead of spending more therefore the economy will shrink more and more globally in the next few months!
The average BEAR markets lasts 16 months, any Green Day could be a sell opportunity!
I don't particularly enjoy breaking the bad news but we are at record low levels for insured unemployment which is kind of scary for cycle followers.
What we have seen for the last 50 years, a dip in unemployment usually followed by an economic downturn and we see a sudden jump on unemployment numbers.
There are many underlying factors to this, which I will not...