MACROECONOMICS - SSE 100 - World Markets & Crypto Forecast
Updated
Hello everyone,
This is not meant to be political, or financial advice... Just a scenario to entertain.
It is my hypothesis that China is leading the world economy, and other economies are acting as derivatives...
China is positioned for a downturn, and they are the least financially leveraged out of the major economies in their pandemic response. Others markets will follow, but with greater volatility!
Possible paths for SSE 100, DJI, US10Y, and (Crypto) Total MCap.
As always, GLHF!
- DPT
This is not meant to be political, or financial advice... Just a scenario to entertain.
It is my hypothesis that China is leading the world economy, and other economies are acting as derivatives...
China is positioned for a downturn, and they are the least financially leveraged out of the major economies in their pandemic response. Others markets will follow, but with greater volatility!
Possible paths for SSE 100, DJI, US10Y, and (Crypto) Total MCap.
As always, GLHF!
- DPT
Note
Credits to OptionsRising for the lead on comparing global marketsNote
OptionsRising's idea with correlation between USDCNY and crypto markets. I give him full credit:
Trade active
China warns of global asset bubble, as their credit impulse turns negative.Let us put this hypothesis to the test: bloomberg.com/news/articles/2021-05-29/china-s-banking-regulator-warns-of-global-asset-bubble-risks
Note
"As a reminder, the global economic cycle has become somewhat synonymous with China’s credit impulse over the years. Ironically, a pandemic that began on Chinese soil provided the impetus for a serious infrastructure push in the US. If Joe Biden’s fiscal proposals are enacted, it could mean that, at least for the next few years, the global economy will turn on the fiscal impulse in Washington rather than the Chinese credit cycle."heisenbergreport.com/2021/05/12/chinas-credit-impulse-just-turned-negative/
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