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The Fed Surrenders To Inflation

The Fed Surrenders To Inflation

 Image Source: Unsplash  The Federal Reserve just surrendered to inflation.Fed officials won’t call it a surrender. They’re claiming victory. But surrender is the effect of the policy trajectory laid out by the Federal Open Market Committee (FOMC) at its December meeting.As expected, the FOMC held rates steady at the December meeting extending the rate hike pause […]
SPX Spikes 1.4% As Fed Pivot Sparks Market Optimism

SPX Spikes 1.4% As Fed Pivot Sparks Market Optimism

Image Source: Unsplash  Equities, gold, and crypto markets all advanced on Thursday following the Fed’s much-awaited dovish pivot.The Federal Reserve kept the federal fund rates unchanged at its latest policy meeting on Wednesday, marking the ending of one of the most interest rate-hiking campaigns in recent history. Furthermore, the central bank hinted that rate cuts are […]
No Shame In Seeking Debt Help

No Shame In Seeking Debt Help

A generation of people has been devastated by monetary and fiscal policies aimed at ‘helping’ them to borrow financially suicidal sums for housing. Grave mistakes have been made, encouraged by many well-meaning family members, policy-makers, and commissioned realtors and lenders.In many cases, costs will be impossible to sustain even as interest rates retreat because the […]
Gold Forecast: Markets Continue To Look Suspicious

Gold Forecast: Markets Continue To Look Suspicious

Gold markets experienced fluctuating movements during Wednesday’s trading session, reflecting a period of uncertainty as investors await the Federal Reserve’s impending announcement. The key focus is on the $2000 level, which is seen as a major threshold. A breakthrough above this level could propel the market towards the $2050 mark. However, there is also significant support […]
EUR/USD Analysis: Eyes Turn To The European Central Bank

EUR/USD Analysis: Eyes Turn To The European Central Bank

Since mid-trading this week, the price of the EUR/USD currency pair has been trying to rebound higher. Obviously, the momentum for this increased yesterday as the US Federal Reserve concluded its two-day meeting and decided to leave US interest rates unchanged. Clearly, this is a strong signal that there will be a less hawkish stance next year, […]
Jobless Claims: Good News All Around

Jobless Claims: Good News All Around

This was one of the best weeks for jobless claims all year. Initial claims declined from -17,000 to 202,000, a tie for the 2nd lowest number in 10 months. The four-week average declined from -7,750 to 213,250. With the usual one-week delay, continuing claims rose 20,000 to 1.876 million: Even more importantly for forecasting purposes, […]
Doves Fly, Bulls Run, Animal Spirits On Loose

Doves Fly, Bulls Run, Animal Spirits On Loose

Even though Chair Powell said it is far too early to declare victory, he and his team did exactly that yesterday when they caught markets by surprise by making a hard dovish turn. The dot plot now expects up to three 25-basis-point cuts, up from two during the September meeting. Markets want more, with expectations […]
Is The Bond Market Wrong?! Has It Ever Been Wrong In The Past?

Is The Bond Market Wrong?! Has It Ever Been Wrong In The Past?

Image Source: Pixabay  Is the bond market wrong? Has it been wrong in the past? How useful are these esoteric indications and curves?Do they corroborate with anything in reality? On the day when the Fed meets and all eyes are on interest rates, let’s go through an example where it looked like the markets got it […]
FOMC Predicts Rate Cuts

FOMC Predicts Rate Cuts

Image Source: Pixabay  As of Wednesday’s stock market close, the Dow Jones Index (US30) was up by 1.40%, while the S&P 500 Index (US500) increased by 1.37%. The Nasdaq Technology Index (US100) closed positive by 1.38% yesterday. Stocks rallied sharply on Wednesday, with the S&P 500 (US500) and Nasdaq (US100) rising to near 2-year highs and the Dow Jones Industrials (US30) soaring to an all-time high. Stocks […]
Elliott Wave Technical Analysis: ChainLink/U.S. Dollar – Thursday, Dec. 14

Elliott Wave Technical Analysis: ChainLink/U.S. Dollar – Thursday, Dec. 14

Image Source: Freepik  Elliott Wave Analysis TradingLounge Daily Chart, 14 December 2023.ChainLink/U.S. Dollar(LINKUSD)LINKUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: ZigzagPosition: Wave BDirection Next higher Degrees: Wave IV of ImpulseWave Cancel invalid Level: 8.259Details: the three-wave Corrective of wave 4ChainLink/U.S. Dollar(LINKUSD) Trading Strategy: Chainlink remains in an uptrend. But it looks like wave 3 is complete […]