– Emerging Markets are in a paranoid state due to Major US Financial Markets nearing
scheduled date of CPI numbers releasing day.
Consesus forecast anticipating Inflation to steadily
go up for the rest of 2023 and entering ’24
10’th of August/23 will be a very important day for Global Financial Markets.
Casualties might follow soon due to the turbulence of this frenzy economic enviroment created.
Is US about to enter a reccession ?
Or do you believe Powell’s joke of ‘Soft Landing’
How about another joke Powell …
Note that US techincally had entered recession by two negative consecutive Quarters,
however, it got ‘saved’ by promising employment numbers.
Seems like Feds are masters at postponing cascading tragedies,
great tricksters filled with riddles.
With Euro-Zone being officially in Reccession for a while now, it’s just a matter of time
for US fate to be sealed.
Why learn economics !?
Broader and clearer pictures to strategize your investing/positioning and smaller
time frames trading decisions, be it swings, intradays or scalps.
Seems like it is enough today for a good poker player and a gambler to trade the markets.
How many times can you get lucky in repetitive motion and consider making in to trading
for a living ?!
Not long .
Open your horizons and explore financial literacy to be more in touch with
Facade of Financial Markets.
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- Source: https://www.tradingview.com/chart/SPX/UOjj99d3-US-Financial-Markets-facing-CPI-after-US-Down-Graded-to-AA/
