Fed’s ‘Smoothed US Recession Probabilities’ Model Warns of New Lows
The Fed’s Smoothed U.S. Recession Probabilities data says the economy entered a recession in March.
Posted by Michael Carr | May 5, 2020 | Chart of the Day
The Fed’s Smoothed U.S. Recession Probabilities data says the economy entered a recession in March.
Posted by Michael Carr | May 4, 2020 | Chart of the Day
The NYSE FANG+ index traded near this MA for two weeks, and a decisive break will indicate the uptrend is over.
Posted by Michael Carr | May 1, 2020 | Chart of the Day
Eventually, the economy will recover. But the recovery will be slow and there will be a second wave of business failures later this year.
Posted by Michael Carr | Apr 30, 2020 | Chart of the Day
Someday, gold will have another bear market and it may last for years like other bears. This simple strategy can help you avoid that problem and allow you to benefit from gold’s bull market, delivering large gains.
Posted by Michael Carr | Apr 29, 2020 | Chart of the Day
With Dow’s 119-year old road map, it’s not a surprise to see the S&P 500 stall at the current price level. Now, it’s time to look for a second down leg — a decline of at least 250 points in the Index.
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