CPI data (Inflation) May Come in Weak Next Week!
CPI data (Inflation) May Come in Weak Next Week!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets following the markets reaction to weekly unemployment claims and the University of Michigan consumer data. He also discusses the lag effects of Bank Lending Standards, ISM Services data from last week and delinquencies of credit cards, home and auto loans and how that will factor into the broad economy.
He also gives us a breakdown on what to expect this next week on CPI.
Jim gives his Elliott Wave view on the dollar, gold, TLT and S&P500 showcasing the advance/decline line.
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