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Economic Headwinds Are Starting To Gust

Economic Headwinds Are Starting To Gust

With just a few graphs, we can visualize how economic headwinds are about to get stiffer. Additionally, the graphs help us understand why President Biden has such low economic polling numbers, even among Democrats, despite such a strong economy. There are four predominant means by which consumers can spend. Income is typically the largest and […]
A Look At Diversification

A Look At Diversification

Image Source: Pixabay  Ancient Chinese merchants were said to have developed a unique way to manage their risk. They would divide their shipments among several different vessels. That way, if one ship were to sink or be attacked by pirates, the rest stood a good chance of getting through. Thus, the majority of the shipment could […]
Will We See Rate Cuts In 2024? Fed Presidents Weigh In 
                    
 
 

Will We See Rate Cuts In 2024? Fed Presidents Weigh In    

Last week, the Federal Open Market Committee (FOMC) decided not to take action on the federal funds rate, leaving it where it has been since last July, in the 5.25%-to-5.5% range. Federal Reserve Chair Jerome Powell did not offer much beyond the usual boilerplate responses, but he did say that it was not likely that the […]
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: ASX Limited

Elliott Wave Technical Forecast: Unlocking ASX Trading Success: ASX Limited

Image Source: Unsplash  ASX: ASX LIMITED – ASX  Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with ASX LIMITED – ASX. We have determined that wave 2-red has ended, and wave 3-red can be opened to push higher.ASX: ASX LIMITED – ASX  Elliott Wave Technical Analysis  ASX: ASX LIMITED […]
GBP/CHF Forecast: British Pound Continues To Look For Support Against Swiss Franc

GBP/CHF Forecast: British Pound Continues To Look For Support Against Swiss Franc

All that being said, the market is likely to see a lot of interest in this area, especially as the 1.13 CHF level is an area that we have seen action on previously. However, if we were to break down below there then it’s likely we will see a move down to the 200-Day EMA, which just […]
Are Europeans Over-Saving Out Of Fear For The Future?

Are Europeans Over-Saving Out Of Fear For The Future?

Image Source: Pixabay  Saving is necessary and normal, but doesn’t saving too much indicate a fear of the future? This seems to be the inclination of Europeans, according to a recent study by the research department of Natixis (Why are consumers in the eurozone so cautious?).”US consumers have a very dynamic spending behavior, while euro-zone consumers […]
Bank Of America, A Good Play?

Bank Of America, A Good Play?

Image Source: PixabayIs Bank of America (BAC) a good play for investors? Thanks to its size and strength in customer service, BAC has a dominant position in the banking landscape in the US. Banks are not doing great at the moment and there is much uncertainty about what comes next. How will BAC fare through this? […]
Crude Oil Commentary – Thursday, May 9

Crude Oil Commentary – Thursday, May 9

Image Source: Unsplash  Crude Stores FallOil prices are turning higher into the back end of the week with crude futures bouncing off support at 77.64.  The catalyst behind the bounce was yesterday’s EIA inventories release which surprised to the downside. The group posted a drawdown of 1.4 million barrels over the prior week, taking total crude […]
BoE Decision Preview – Thursday, May 9

BoE Decision Preview – Thursday, May 9

Image source: Pixabay  Later today, we get the latest policy decision from the Bank of England. The central bank is widely expected to leave rates on hold at 5.25% for the sixth consecutive meeting. The big focus will therefore be on the accompanying communication, economic analysis, inflation projections, and post decision presser.Video Length: 00:01:05More By This […]
The Japanese Yen Is Failing

The Japanese Yen Is Failing

Image Source: Pixabay  Japan’s government conducted three (unconfirmed) major currency interventions in less than a week. Already JPY is falling almost like they never happened. It’s the dollar that’s the matter because what’s the matter isn’t just Japan and like a lot of things energy is the key. As the Japanese understand all too well, energy […]