Will Jobs data have to suffer in order to get inflation down ?In the 80's it looks like it took very high interest rates to combat the high inflation in the 1980's. With the GOP looking into stopping Bidens spending habits we may possibly be ready for the unemployment to move up and our economy will do some suffering.
Still, Unemployment is low, and inflation is hot. If the jobs data stay sideways this holds the door open for a more hawkish fed.
The large difference in the 80's is we had Reagan in office, and he was not a senile wimp.
I think the Feds are about to step up their game. So get ready traders!
Economy
Quantitative Tightening. We Have A Long Way To Go.I have previously calculated that it would take the Fed's until 2031 to roll off all of their balance sheets. Based on projected trend, the M2 money supply will continue to go down to levels we haven't seen since 1985. By the time the job is done, there will be only 2.3T of USD in circulation, a decline of 88% in money supply.
Ladies and gentlemen. If this happens, the US dollar would become the best deflationarly asset in history. Even though the cryptomarket, stock market, real estates, bonds and other equities will be crushed into oblivion, you can appreciate that the dollar has redeemed its glory days. In 1985, a new car is around $10,000. A new house is around $82,000. A 2 L bottle of soda is less than a dollar. The great days are coming back! Sell everything and long USD for wealth and prosperity!
STILL 100 % of track NEXT LEG OF THE BEAR IS ABOUT TO START I am now getting another major sell model long term sp 500 to total Long term bonds is been given in my models I personally have moved into 6 month and 1 year till bills today I manage six large trusts And told my group to shift All funds into insured accounts I will be moving to 50 to 75 % % short on any rally into 4183 and 100 % at 4212/4222 or on a stop of 3988 . sp 500 to bonds ratio is near BELL RINGING now as of today I see the lows of dec and oct taken out I have two targets based on the cycle low projection 3510/3490 . . I came up with in dec 2021. target is 3390/ is the alt the main target is 2785/2985 the decline should be in time cycle march low 2024 and should unfold in another clear 5 waves .. BEST OF TRADES ! WAVETIMER
UK Inflation drop to 5 month low at 10.10% - Still crazy high!The UK inflation rate has dropped to a 5-month low of 10.1%.
This tells us that the peak inflation may be behind us.
The decrease in transport costs, as well as restaurants and hotels, were the main drivers of the lower inflation rate.
However, if we compare it to other developed nations like the US, France, and Germany - the UK's inflation rate is still quite a bit higher.
Now we need to see the Bank of England (BoE) to keep taking action to drop the inflation and interest rates.
I mean an inflation rate of 10% or higher is still crazy!
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!
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
When to Buy Real Estate Investing in 2023This video is my strategic analysis for when I will be looking to buy my next real estate investment property. I use the Cash-Shiller Index, CPI, and charting techniques of mean reversion to create indicators I will follow in the years ahead as real estate trends downward following the rise in mortgage rates and fall in home prices.
USINTR - still in a upside trend ( wth 30yr backtesting)
*High winning rate with backtesting by my strategy
Right now ECONOMICS:USINTR is still in the upside trend.
This means that it has been consistently performing poorly and may not be a good investment opportunity in the short term.
🔔 Be prepared for reversals.
It's advisable to be patient and wait for the downward trend to occur before the risk market confirms a bullish market again.
Good luck!
Where there is smoke there is 🔥 UK 🏠 prices continue to fallEveryone hates paying higher prices for the things they need, so Nationwide reporting that houses continue to get cheaper is welcome news.
Listen if you got shilled into overpaying for your 🏠 have a chat to your agent but it’s okay if you can afford it… However most can’t. The Bank of England's ZIRP and QE debt-fueled housing bubble Ponzi scheme of the last 13 years is over, and it isn't coming back.