XJO - Bear Posts only (Factors which might cause the markets to fall), page-22811

Well you were spot on as far as the DAX was concerned! lol A u turn before the ATH touch line.

@italabria
You should read the thread a little more closely. Some of us dont even trade the XJO. Some trade various indexes intra-session . A few have been long on the DAX. And most of us have the major portion of our funds are on the sidelines waiting for the rug pull.

@wave4

I wouldnt pay too much attention to the Atlanta fed, they are the numpties who forecast 5%+ GDP growth for the USA in 2024. lolololol Americas GDP has been around 2.5% every year for the last 20 years!

GDP is also a reflection of the availaibility of credit in the money system. Credit has been tightening up, which will make less available for new investment and shrink GDP. Its the STAG in stagflation. OF course if Trump gets all thse localAmerican factories fired up like he wants, then that might change, but I wouldnt hold my breath.

Analysts such as Danielle Di Martino Booth were saying back in late 2023 the US was in recession already. Some of the data seems to support it, and most marcro data siipports thar theCovid boom is over and we are back to Xmas 2019 levels.