Category: scare
-
Nasdaq Technical Analysis – We have erased the growth scare
•
Basic Overview Finally, the Nasdaq managed to erase the entire decline in the Institute for Supply Management (ISM) manufacturing PMI as the market’s “growth concerns” faded. The first catalyst was the healthy US jobless claims on August 8.D In August, this eased concerns about a deteriorating labor market caused by…
-
The inflation scare is over: The pandemic was a perfect storm
•
These ancient generals were elegant (AI image) I believe global central bankers are on the verge of making a mistake that will undermine growth. The generals are always fighting the last war, and central bankers will continue to fight the specter of inflation, even as it becomes increasingly clear that…
-
Forexlive Americas FX news wrap 31 May: US PCE doesn’t scare. Yields lower. US down and up
•
The big event this week was the core personal consumption expenditures data in the US. The Core Personal Consumption Expenditures Index is the Fed’s preferred measure of inflation. Expectations were for an increase of 0.3%. The actual increase was approximated to 0.2% for the basic measurement. In fact, the unrounded…