The following swing trading levels are reference points for traders to consider. As we provided levels for a long and short bias, the information is directionally neutral. The levels are also ultra short-term, meaning that support and resistance targets are based on...
Full-Blown Currency War Can No Longer Be Ruled Out, Pimco Says Source: Yahoo Finance/Bloomberg “A full-blown currency war where major central banks and governments, including the U.S., deliberately weaken their currencies can no longer be ruled out, Pacific...
Fed Chairman Jerome Powell strongly hints a rate cut is coming Source: CNN “Federal Reserve Chairman Jerome Powell on Wednesday strongly hinted at a potential rate cut later this month, citing unresolved trade tensions and worries over the weakness of the global...
The history of boom and bust cycles in the US has shown that the Federal Reserve has played a central role in engineering the entire process. The Fed is adept at using cheap credit, what we call “dark money,” to inflate financial bubbles under the banner of economic...
It Wasn’t All Great News: Multiple Jobholders Soar To Record High Source: Zerohedge While the headline payrolls number was stellar, coming in higher than even the most optimistic Wall Street forecast, one aspect of today’s jobs report that will likely...
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