The US economy is doing well, so the market has moved up about 280p.
Therefore, I expect a discount of about 100p.
Most US economic data is still good.
RRR 1-1
Major economic indicators
1 GDP growth rate USD
2 Unemployment CHF
3 Inflation USD
4 Interest rate USD
5 Manufacturing PMI CHF
6 Consumer spending U&C
7 consumer confidence USD
8 Retail sales MoM U&C
9 Retail sales YoY CHF
10 Wages U&C
11 Trade balance CHF
12 Services PMI USD
Therefore, I expect a discount of about 100p.
Most US economic data is still good.
RRR 1-1
Major economic indicators
1 GDP growth rate USD
2 Unemployment CHF
3 Inflation USD
4 Interest rate USD
5 Manufacturing PMI CHF
6 Consumer spending U&C
7 consumer confidence USD
8 Retail sales MoM U&C
9 Retail sales YoY CHF
10 Wages U&C
11 Trade balance CHF
12 Services PMI USD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.