Believe TACO at Your Own Risk!
Believe TACO at Your Own Risk!
Jim Welsh of Macro Tides and Blake Morrow discuss market reactions to the Iran conflict and its potential impact on various financial markets. Jim expressed the view that President Trump would not back down from his demands regarding Iran’s nuclear capabilities and control of the Strait of Hormuz, contrary to market assumptions. They reviewed recent economic data, including job losses and inflation metrics, with Jim noting that upcoming inflation reports would be closely watched by the Federal Reserve. The conversation covered technical market analysis, including expectations for the S&P 500, US dollar, and gold prices, with Jim predicting potential market movements based on outcomes of the Iran negotiations. They also discussed the upcoming midterm elections and their potential impact on markets and policy.
#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
JWelsh@SmartPortfolios.com
20260410
