Kels 🍸

Always learning & growing #ASX 💰🛥️ 🍹

[Kels 🍸 @Ms__Kels]

$NHC looking good

[Kels 🍸 @Ms__Kels]

@DominicDirupo Wow beautiful 🤩

[Kels 🍸 @Ms__Kels]

@KeithvdKraan A patience one ☝️

[Kels 🍸 @Ms__Kels]

@bluewolfpack1 She has your back by the sounds of it, lucky 🍀

[Kels 🍸 @Ms__Kels]

@SpachusAus Greed will win

[David Bird (ASX Trader) B.Ed, CFTe @ASX__Trader]

Australia Is Already In A Recession. They Just Haven’t Announced It Yet.

Everyone keeps talking about inflation, but almost nobody is talking about what just happened with unemployment. Australia’s unemployment rate just jumped from 4.3% to 4.5%. Most people look at that and think, “Eh, not too bad.” But unemployment is lagging data. By the time the average person notices it, businesses have already slowed hiring, layoffs have already started, and families are already feeling it.

Like I always say, you do not make money reacting to where the puck is. You make money anticipating where it’s going.

So let me show you something most people are ignoring.

I pulled up the Australian unemployment rate on the 3-month chart. The MACD has only ever crossed bullish FOUR times before today.

1991 recession.

2000 tech bubble.

2007 GFC.

2020 COVID crash.

Every single time, a recession followed. 100% strike rate. Thats the big green zones on the chart.

And now? It has crossed bullish again.

You ca see the green histogram bars I boxed in red before every major downturn.

“But they haven’t announced a recession.”

Of course they haven’t.

Governments only officially call a recession after two consecutive quarters of negative GDP growth. By the time they confirm it, people have already been living through it for months.

And here’s the scary part.

We now have rising unemployment while inflation is still elevated.

That combination has a name:

Stagflation.

The same economic environment that wrecked economies in the 1970s.

Higher prices. Weak growth. Job losses.

The charts are warning us. You know what's happening.

The question is: Is anyone listening?

[Kels 🍸 @Ms__Kels]

@DaveTaylorNews What’s the likelihood that this will tame down the market, then nek minut the legislation is watered down 🤔

[Kels 🍸 @Ms__Kels]

@Dimitrios_1963 Haha I am good Dim x

[Kels 🍸 @Ms__Kels]

@galumay The best way to go tax wise

[Financelot @FinanceLancelot]

Elon doing Elon things 🤣

[Kels 🍸 @Ms__Kels]

@Trading_sense They are all garbage sadly 🥲

[Sonny @dcb30a]

the sleeping giant Newcastle coal 12-month future, classic break-out and back test - the game is not over yet $NHC.AX

[Kels 🍸 @Ms__Kels]

@DominicDirupo Lady Gaga is one of a kind, a very talented lady 💗

[Kels 🍸 @Ms__Kels]

@OnSpeculator My bet (gut feeling) is they will release a more positive budget update than negative. Will find out tonight I suppose….

[Kels 🍸 @Ms__Kels]

@DominicDirupo Not the worst place to be quarantined in 😂

[Kels 🍸 @Ms__Kels]

@AvidCommentator Yep testing voters response I reckon

[Kels 🍸 @Ms__Kels]

@asxcfdtrader Oh really, where 🤣🤣 I’ll go also 😂