The overnight pullback left us on the brink.
Following the coronavirus pandemic and a nationwide recession in Japan, exports of Japanese-made cars halved in April and reached a low of about 168,000, before recovering slightly in June in July. Sales within Japan fell equally from a high 485,000 in…
World Tourism Day is commemorated each year on September 27 to “foster awareness among the international community of the importance of tourism and its social, cultural, political and economic value.” While this year’s edition of World Tourism Day was …
The setup is propitious for a short term low risk entry. The setup is propitious for a short term low risk entry. There are a…
An up day on Monday would confirm that the short term downtrend is broken. This report gives you the key support and resistance levels, and…
At least on Monday morning.
Let’s start with the 30 minute bars, then zoom out.
The last move up overnight as of 3:30 AM in NY looks tired and toppy. But with a 2-3 day cycle projection of 3335, there’s some prospect of a second wind.
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Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Straight from the bowels of the NY Fed.
The heretical truth is that many of the “consumption rituals” that signified “prosperity” for decades are either meaningless, unaffordable or require way more effort than the meager payoff is worth.
Current conditions in the U.S. labor markets are worse than those encountered at the worst points of any recession since 1983