All of them are sliding, but not negative yet. Unfortunately, the negative trend will not be reversed in an environment as negative as the one now. Just look atThis is not what you want to see when GDP growth is negative. And by the way,over the last years, well below the long-term average of 3%:Things for Europe are looking worse since Russia is dangling the Sword of Damocles above the European gas supply for winter.
No matter how hard policymakers and communication directors weasel around, math is a language that does not tolerate ambiguity. And the proof is in the pudding, or rather in the forward-looking data like the global manufacturing PMI :. This would trigger another leg down in equities. The cause and effect go something like this:
Inflation up > Fed tightens > Everyone sells equities and crypto to buy USD > Rate hikes ripple through real economy and cause recession > Corporate earnings fall > More down in equities & crypto > Fed pivotspart is key and the hope of all crypto bulls. The market is betting on the Fed eventually reversing course and printing again, sooner rather than later.
But that does not even account for potential curveballs we don't really think about. Let's call them unknown unknowns:: As the dollar continues to soak up liquidity, virtually all currencies devalue against USD. Even the euro may be under pressure in the near future, even though it is a developed market.: The news about trouble brewing in the Chinese banking system is out there, but no one knows the true extent.
we have another leg down coming before the bottom is in. However, the silver lining is that the printer will come on at some point after that.This article contains links to third-party websites or other content for information purposes only .
For a beginner like me it's well explained, kudos.
Crypto is an interesting field, I have been into it for a short while and have learnt a lot about trading and investing myself. All thanks to Crypto_Dom__ for guiding and teaching me all a newbie had to know about bitcoin
A dragon can end the bear’s life. $Tsuka is killing it right now. Bear-v-tsuka who wins? Thoughts
Why have you never mentioned this. ..
Why ain't none bothered on talking about this. ... .
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Lots of awesome info thank you!