The Government Shutdown Should Not Affect Markets Unless…….
Jim Welsh of Macro Tides sits down with Blake Morrow and discusses what the market’s reaction to the imminent US government shutdown will be. He does not think it will have much of an effect as long as it is not prolonged, but if it is…the risks may end up playing to some of the charts he presents today.
Jim also talks about the US Dollar’s roll and how pivotal it is to other markets, and how strong the correlations are between the dollar, bond yields and the S&P500.
Jim also brings up the crude oil market and does think the market is susceptible to a pullback from here due to worsening economic conditions just as the market turns extremely bullish. #markets #stocks #SPX #S&P #Government Shutdown implications on the markets, US Dollar #dollar correlation to yields and stocks.
#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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