A Recession is coming. I will show you why.
A Recession is coming. I will show you why.
Jim Welsh of Macro Tides sits down with Blake Morrow and talks about key macro themes in the markets and gives you some evidence that he is looking at that suggests that a recession is near and why. He looks at the Lending Economic Indicator (LEI), Coincident Index, Lending Standards and Unemployment vs job openings. Lots of evidence to suggest that a recission is coming and markets may take notice.
He gives his technical view of the S&P and shows how momentum is slowing and bullish sentiment is an extreme.
He also gives his technical view of the #DXY #GOLD and #TLT as well. He does think the US Dollar may be at risk of further upside!
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Jim_Welsh #SPX #USD #S&P500 #Bonds #Gold #interest_rate_news #Fed #FOMC
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They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.
JWelsh@SmartPortfolios.com
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