Yields are Going to RISE AGAIN!
Jim Welsh of Macro Tides talks with Blake Morrow to talk about how the FOMC will continue to stay “restrictive” and the market is not seeing it (yet).
He notes that the Services #Inflation data continues to run hot, not what the Fed wants to see.
Jim also gives his view of the S&P 500 and believes the #SPX selling will continue near term.
He also feels that #gold should be sold on this rally.
The divergence in the treasury market also has his attention as he thinks yields are going to be on the rise again and he shows you the charts that prove it.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Jim_Welsh #SPX #USD #FOMC #bonds #S&P500
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