Is a US Recession Possible?
Is a US Recession Possible?
Jim Welsh of Macro Tides talks with Blake Morrow from Traders Summit to discuss the big moves we have seen in the Forex market this last week with all the changing rhetoric from central bankers.
Jim pulls up a chart of the yield curve potential inversion, and breaks down the Leading Economic Index to debunk all the comments that a recession is “just around the corner.”
In addition, his expectations for the SPX to move lower, then to all time highs in 2022 is backed up with some of his technical work that he shows you!
//SPONSOR – EIGHTCAP ✅ https://www.eightcap.com/en/?cxd=3624… Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
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
20220214
