"This is the most telegraphed recession in history, that's why it wont happen"
Maybe, or maybe the rise of Social Media reversed the correlation just as the rise of Inflation reversed Stock/Bond correlation
Maybe all recessions from now on will be "the most telegraphed ever"...
Putting together my 2023 Big Picture Outlook
Last year I highlighted $Dxy (long) & $Gbp (short) to👀
2023 currency > $Chf (long)
End of 2022🇨🇭:
1) + Interest Rates, first time since 2014
2) Largest CA Surplus since records began
3) Safe Haven Status
👀🇨🇭this year... #Forex
New #WeeklyForexForecast video incoming...
The $Dxy is going parabolic & all hell is going to break loose next month if it doesn't snap back
This move in #Dxy is historic
Saturday Morning #RiseandGrind, they sleep we work👊
As someone who wrote an entire thread on the huge (then incoming) move in $Dxy when it was < 102 & called for *both* $EurUsd & $GbpUsd to below parity...
Even I am stunned by the speed & strength of this #Dxy move so far 🤯
Nat Gas futures $NG now down 8% since this morning when I highlighted this to subs as one to watch to the downside today...
Looking for 7.05 by the end of the week, lets see if we get there
One of my favourite markets to trade 🚀🚀
$XauUsd looks like it is trying to bottom...
This is a sign the $Dxy rally is running out of steam as multiple CBs begin hiking faster & BOJ intervenes in the $Jpy
As I've said before, I think we could see #Dxy to 120 in a #stocks capitulation, but it needs a breather first...
My base case is 75bps from the FED at todays #FOMC & I think there is a risk they underwhelm somewhat as they did multiple times before Jackson Hole...
(Quick note for subs: Covered my $Chf shorts from yesterday into the current lows, going into FOMC flat currencies / #forex )
Some grooming gang members got 2-3 years
A man who abused a patient in a care home, pulling her hair and kneeling on her got 15 months
Alex Belfield for tweets, emails and messages got five and a half years!
Those who support the monarchy should be respectful towards those of us who don’t & we should respect their views. I have no time for hierarchies, aristocrats or royalty. I believe in equality & self-determination. None of us should be anyone’s subject.
https://t.co/ZE5LncB5io