The “Market” May Pressure a Debt Ceiling Deal to Get Done!
Jim Welsh of Macro Tides sits down with Blake Morrow and talks about key macro themes he’s focused on this week as we attempt to navigate around the Debt Ceiling negotiations. He does believe the market may end up pressuring lawmakers to get a deal done eventually.
Jim brings a chart of the NY Fed Recession model and discusses the strong move higher which suggests a recession is just around the corner. Also, Jim talks about the core #inflation measures following the #PCE data today.
Jim gives his views on the #SPX500 especially after giving his opinion about the equal weighted indexes of the SPX and #nasdaq. He also gives his technical views of the #USD #gold and #LTL and the bond market.
#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 #DebtCeiling
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