THE BIG EIGHT: Where is the world heading?In this screencast I review 8 important markets. There are some common levels and patterns of price movements. The India50 is the odd man (woman) out.
The forecast of a global recession has been made (not by me). This is related largely to global debt now standing at around $233 TRILLION US-Dollars and debt in America currently around $22 Trillion US-Dollars. The picture is complicated by trade tensions, political and other macroeconomic events.
Our inheritance is will be the result of a decade of ultra-low interest rates and quantitative easing (aka printing of money), now complicated by global geopolitical and macroeconomic issues.
Stock markets (and related indices) have a complex but important relationship to the Forex markets.
