Broader Money Relevance / Macro Events / FracturingA shortened Holiday Week's Macro Data Sets will provide further
information as to the "Inflation" Trade.
The Federal Reserve most closely follows PCE Data.
Wednesday will provide Direction
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Macro Data Events Week of November 22, 2021
Monda
About Velocity of M1 Money Stock
M1 - Velocity continues deterioratingAs BR & VG maintain a healthy prop under the Equities Complex....
Real activity outside of the "Markets" is grinding to a decided halt.
Uncertainty has gained a foothold and it is not going to reverse in
the near future.
The spectacle in chasing Price, big greens bars... is merely a trade.
It is
M1 - Oops, Collapse - LARGE SELL is days to a week away.Although WARNINGS abound - the emotional's wed to their beliefs
in Potential Short Squeeze(s)... the FED, Their charts, The sympatico
Herd, Confirmation Bias.
"Hoping" for Hope.
Ignoring the Signs.
It ends badly. Catalyst? Could be anything, FOMC, CHINA, DX/BONDS.
The footprints are observable.
See all ideas