Category: Macroeconomics
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![JP Morgan lead analyst pegs $150 price target for Brent Crude, are we in an oil markets supercycle?]()
JP Morgan lead analyst pegs $150 price target for Brent Crude, are we in an oil markets supercycle?
Oil markets are making headlines, but if you have been a reader of Equity Guru, then you were given the heads up back in late July 2023. My outlook and technical analysis play by play was given in subsequent articles and chart attack videos. Our first target has been hit, and prices are pulling back…
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![Major technical reversal pattern close to triggering on stock markets post Federal Reserve!]()
Major technical reversal pattern close to triggering on stock markets post Federal Reserve!
“Interest rates will remain higher for longer”. This is what most analysts can agree upon after yesterday’s Federal Reserve conference. It was quite a strange one. Powell did not want to give concrete answers to questions regarding if the Fed is done with hikes. But we know that there is one more rate hike coming…
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![Stock markets fall under pressure as oil prices hit their highest levels in 2023]()
Stock markets fall under pressure as oil prices hit their highest levels in 2023
I have been updating my readers on the technical pattern on oil. The energy sector is bullish and the technicals are indicating more upside. The stock markets are falling on fears of an inflation surprise uptick. Oil is the lifeblood of the economy and higher oil prices means higher transportation costs. Costs which will be…
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![Jerome Powell signals higher rates may be needed]()
Jerome Powell signals higher rates may be needed
When Nvidia blew out earnings, many saw it as a catalyst to see stock markets break out higher. However, certain technical patterns and levels I have been highlighting in my Market Moment articles told my readers and I that the downtrend was not over. This, I believe, is the power of technical analysis. But fundamental…
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![Bank of Japan tweaks yield curve control policy!]()
Bank of Japan tweaks yield curve control policy!
Japan has been on investor’s radars recently. It all began with Warren Buffett, who has increased his holdings in Japanese trading houses, known as the Sogo Shosha. Whatever the Oracle of Omaha does tends to generate a lot of interest from institutions. And you cannot blame them. Buffett has quite the track record, some saying…
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![The Federal Reserve raises interest rates to highest level since 2001]()
The Federal Reserve raises interest rates to highest level since 2001
The Federal Reserve previously said that there will be two more interest rate hikes by the end of the year. Well the Fed has kept their promise so far by raising interest rates in the July meeting, taking rates to 5.25%-5.50%, the highest level since 2001. A 25 basis point hike which was expected by…
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![US dollar pukes as inflation rises at slowest pace since March 2021]()
US dollar pukes as inflation rises at slowest pace since March 2021
Well… it appears as if we are going full risk on. The US dollar is selling off and we are seeing a rise in metals, commodities, big potential breaks in the currency markets, and yes, a nice move in the stock markets. But can this move be sustained? What was the trigger for these early…
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![World stock markets tumble as bond yields rise]()
World stock markets tumble as bond yields rise
Global equity markets are selling off hard this morning as the probability of more rate hikes increase. The real action is in the bond markets as yields are rising. The US 2 year yield actually broke out into new recent highs taking out the March 2023 peak. The 10 year yield is also breaking out…
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![Stock markets approach key resistance. Is a new downtrend about to begin?]()
Stock markets approach key resistance. Is a new downtrend about to begin?
What a month it has been for US stock markets. US markets have been in hard rally mode since June 1st 2023, with the Nasdaq seeing its rally begin on May 24th 2023. A few other markets in the world are joining in on the party. Japan’s Nikkei continues to break decades long records largely…
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![Entering a New Age of Abundance: Are We in the Midst of a Commodities Supercycle?]()
Entering a New Age of Abundance: Are We in the Midst of a Commodities Supercycle?
In the wake of the COVID-19 pandemic, the global economy has been in a state of flux. Among the market sectors experiencing significant shifts, commodities have shown signs that might suggest we are entering a new supercycle. But what is a commodity supercycle, and what does it imply for the global market and, specifically, the…
