Is the “Inverted Yield Curve” an Economic Relic?
Is the “Inverted Yield Curve” an Economic Relic?
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets after they traded heavier into the end of the week. Jim doesn’t think this is something bulls should worry about, as Jim does think the market could trade to all time highs from here.
Today Jim discussed the inverted yield curve inversion, and also points out that job growth tends to peak about this time following an inversion. Also, excess savings have declined substantially.
Jim gives his technical views and Elliot Wave counts for the US Dollar, Gold, TLT and the S&P 500.
#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
//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
20240601