The yield curve has officially uninverted by crossing above 0%. This uninversion usually occurs right before a recession, and we also see other recession signals such as the Sahm’s rule that was activated a few weeks ago. Right now the market is not showing any signs of a recession, but if the Sept. 6 jobs report comes in worse than expected we are likely to see a sharp selloff.
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The U.S. Dollar Index has experienced a strong rally since bottoming out around $100. A strong DXY is usually bearish for financial markets so the stock market should not be showing so much strength while the DXY is rallying. DXY’s rally could also be one of the factors for crypto’s selloff. I think DXY is […]
Read MoreTMF has held strong throughout August and September, but is starting to show some weakness in October. I have $54.72 and $47.50 as two key support levels to monitor. TMF is also trading near local support around $56, I would monitor to see if the $56 and $54.72 support levels hold for now. Follow me […]
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There is a misconception that the U.S. economy has been tightening. The reality is we have experienced QE through excessive government spending and liquidity injections from the US treasury. Data shows our economy is as loose as it was during the 2021 meme stock rally. As the Fed continues to cut rates conditions could become […]
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The U.S. Dollar Index has experienced a strong rally since bottoming out around $100. A strong DXY is usually bearish for financial markets so the stock market should not be showing so much strength while the DXY is rallying. DXY’s rally could also be one of the factors for crypto’s selloff. I think DXY is […]
Read MoreTMF has held strong throughout August and September, but is starting to show some weakness in October. I have $54.72 and $47.50 as two key support levels to monitor. TMF is also trading near local support around $56, I would monitor to see if the $56 and $54.72 support levels hold for now. Follow me […]
Read MoreThere is a misconception that the U.S. economy has been tightening. The reality is we have experienced QE through excessive government spending and liquidity injections from the US treasury. Data shows our economy is as loose as it was during the 2021 meme stock rally. As the Fed continues to cut rates conditions could become […]
Read More