Image Source: I’m going to jump into the stock market analysis what hundreds of you have been waiting for right now so we’ll take a look. Video Length: 00:15:41 AskSlim Market Week – Friday, Dec. 1AskSlim Market Week – Friday, Nov. 24AskSlim Market Week – Friday, Nov. 3
There were three outsized moves last week. Gold had a $135 range on Monday, posted a key downside reversal, and fell below $2000 at the end of the week after setting a record high slightly above $2135. January WTI neared $80 on December 1 and traded below $69 on December 7, its lowest level in five months. The seven-week slide matches the longest since July/August 2015. Third, the dollar fell by a little more than 2.1% on December 7 against the Japanese yen as the market seemed to panic into concluding that the BOJ would lift rates in a couple of weeks. The range that day was roughly JPY141.70 to JPY147.30. The greenback briefly traded below the 200-day moving average for the first time in seven months. Given the softening inflation, the larger contraction in Japan’s Q3 GDP, and weak consumption at the start of Q4, there is little pressure on the BOJ to act and an overwhelming majority (94%) of economists polled by Bloomberg, expect not policy change until next year. About half of the economists expect a move in April, the start of the new fiscal year and when the extension of the energy subsidies expires. The week ahead is chock fully of central bank meetings. Among the G10 central banks, the Federal Reserve, the European Central Bank, the Bank of England, the Swiss National Bank, and the Norway’s central bank meet. None are expected to change policy. The market has been aggressive in pricing in cuts starting […]
Below are some of the most interesting articles, quotes and charts I came across this week. Click here to subscribe to our free weekly newsletter and get this post delivered to your inbox each Saturday morning. There’s been a lot of media attention on the concept of “vibecession,” or the angst consumers apparently feel even as the economy shows signs of resilience. But it’s not hard to see why many people may feel that way: inflation-adjusted personal income has been falling in way normally only seen during a recession. Moreover, the jobs market now shows sign of deteriorating, a trend that could pressure consumer finances even further… not to mention the stock market which appears to be pricing in a heroically optimistic scenario for both earnings and interest rates next year. Benefiting most from this dynamic, of course, have been the Magnificent 7, whose outperformance has reached a rare extreme. Perhaps it’s time the “vibecession” finally catches up with them? Thanks for reading and have a great weekend! Markets Have Suffered A ‘Sea Change’The Crucial Message For Investors From The Capital Cycle What If Disinflation Is Just An Illusion?
The is witnessing a notable rally, with Bitcoin (BTC) recently hitting a year-long high, reminiscent of early last year. This surge has brought in positive vibes, fueled by a blend of FOMO (Fear Of Missing Out) and YOLO (You Only Live Once) sentiments as cryptocurrencies skyrocket. Amidst this resurgence, altcoins like Avalanche (AVAX), Filecoin (FIL), Maverick Protocol (MAV), and are viewed as potential candidates for significant gains. Experts widely support these digital currencies, giving investors confidence in considering them. Let’s talk about how things are going in the market and what are the potential prospects for each of these coins. After reading this article, it will be easier for you to figure out which ones might be promising. ScapesMania: a rising star in the altcoin universe Many cryptocurrency experts already see as a promising project for 2023 and beyond. It stands out by offering holders multiple revenue streams and significant potential ROIs during the presale. Companies and individual crypto traders seeking short- and medium-term gains may find ScapesMania’s proposition appealing. After the presale, the final sales stage price will be $0.01 per token, higher than the current value. Currently, there’s an active discount of nearly 70%. To discover more about the presale and participate, visit ScapesMania’s . ScapesMania’s value proposition When examining ScapesMania’s tokenomics and other features, it becomes evident that it could emerge as a prominent altcoin to hold. The innovative gaming-related core concept, impressive presale statistics, and other favourable aspects have the potential to contribute long-term value to the coin. […]
Image Source: US30 Analysis Today and Forex US30 Week Ahead Forecast is ready. Video Length:00:04:31