Get started

Economy

Elliott Wave Science Meets the Consumer Price IndexIt would be awesome if TradingView offered a candlestick chart for CPI but considering its only updated once per month, maybe the line graph/chart is the best option (not sure how that works). As for the data available to me, I've done a best effort markup using the science of Elliott Wave Theory. Considering the fluctuations seen on the M(onthly) chart, I believe its possible that CPI is sitting in the midst of a shallow Wave 4 correction. With this in mind, I find it possible that the number stretches into the low-mid 7.xx range between now and March. From there we may see a 2023 low within the 4.xx level. I will share my thoughts here as I know there is much interest in "what will the CPI numbers be?"... Being that this CPI data is directly based on the actions of humans and the habits that we act on, it should work pretty well with Elliott Wave Theory. I will keep this post fluid and apply analytical updates as monthly results are publicly announced. Remember these three important things: 1) trade the chart instead of the news and 2) stay safe /3) don't drown!
ECONOMICS:USCCPI
by DigitalSurfTrading
GDP to public debt is going higherI can see more financial easing coming. They have to. They broke something in 08 that can not be fixed. the can will be kicked down the road until the roast the dollar. Global depression coming, but before then, I expect a massive bull market. The global depression most likely wont come until late 2029-2032 time frame. Are these dates starting to make sense? 1907-bank failure 2007- bank failure 1919-spanish flu 2019- covid 1929- epic crash/ global depression 2029????????????????????????????????????? BTC to 500k min until then, but do you sell then or hold after the world is in shambles??????? who knows> scary times, lets make money until the chickens come home to roost tho
FRED:GFDEGDQ188S
by trutrader2005
The correlation between US Interest Rates and The US Dollar (DXYInterest rates and USD strength are positively correlated. An increase in US interest rates will typically result in a strengthening of the USD. The reason is... Foreign investors tend to flock to US assets, such as bonds and fixed bank rates for higher returns. Higher demand for US assets drives up their price, and as a result, the USD strengthens. As for the relationship between USD strength and US stock market prices, it is more complex and can have both positive and negative effects. On one hand, a strong USD can make US exports less competitive, reducing demand and potentially leading to a decrease in corporate profits. This can weigh on stock prices. On the other hand, a strong USD can attract foreign investment into US stocks, driving up demand and prices. There are other reasons for the correlation such as: Interest rate differentials When interest rates in one country are higher than in another, capital tends to flow to the country with the higher interest rates. This results in an increase in demand for the currency of the country with higher interest rates, strengthening its currency i.e US Dollar. Inflation expectations Interest rates are also closely linked to inflation expectations. When interest rates rise, it is generally expected that inflation will rise too, which makes the currency more attractive to investors. Trade flows The USD is the currency used in most international trade transactions, and as a result, changes in trade flows can have a significant impact on the value of the USD.
ECONOMICS:USINTREducation
by Timonrosso
6
On the down-low Money Supply factsThe chart shows two recent and unprecedented occurrences that may lead to an outcome of equally unprecedented proportions. In the past year the money supply peaked and is still negative over a year since reached peak liquidity Causes include the effects of the pandemic, asset conversions spurred by tax reforms and corporate buybacks, rising unemployment and housing prices amid interest hikes , and government security buybacks initiated due to bond market stress. This general and massive sell-off at peak valuation with no likely intent or ability to spend in the near term at a time of impending stagnation forebodes a bearish outlook for markets worldwide.
FRED:M2SLShort
by cosmic_indicators
How a Housing Market Crash Equals New Stock Market HighsTraders, I believe this chart is so important it warrants revisiting the data. Indeed, the fed has to be cognizant of this same data and is most certainly is watching it closely. Therefore, we must do the same. In this video, I am going to explain why the housing market data, even though it's week, supports my thesis of a blow-off top in the stock markets this summer. Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ My Housing Market Chart: www.tradingview.com
ECONOMICS:USHMI
by stewdamus
1