“The NEXT leg lower for STOCKS is when earning expectations come down!”
The NEXT leg lower for STOCKS is when earning expectations come down!
Jim Welsh of Macro Tides talks with Blake Morrow to discuss the week in the markets following the FOMC and other central banks that have met.
Most importantly, the Fed’s decision to hike rates .75% and what that means for Financial Conditions, FOMC projections, the bond market and the #SPX The US Dollar and the EURUSD are also in the spotlight as the dollar index could make one more high before turning lower below 100 on the index.
Gold could also start to make a move higher in the coming weeks! Jim has the technical view to show 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.