Magnificent 7 is in a Bubble!
Magnificent 7 is in a Bubble!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets as we wrap up 2024 in trading. But he comes on to make a point that the #Mag7 Magnificent 7 is in a very big bubble, surpassing many others in the past. He also discusses rate cuts and how the market has bucked the Fed this cycle so far.
Jim also gives his Elliott wave view perspective on the S&P, dollar, gold and TLT.
#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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JWelsh@SmartPortfolios.com
20241228
