U.S. enters recession?

The biggest crash since 1987

Friday, August 2nd ______________________________________________________ “People don't want their lives fixed. Nobody wants their problems solved. Their dramas. Their distractions. Their stories resolved. Their messed cleaned up. Because what would they have left? Just the big scary unknown.” - Chuck Palahniuk ______________________________________________________ Markets Today   🌏 Asia-Pacific: Down   🇪🇺 Europe: Down 🇺🇸 United States: Down 🛢️ Oil: Down ⚡ Crypto: Up​​​​ ______________________________________________________ Major Market Events    • Non-farm payrolls: A MAJOR miss on non-farm payrolls this morning (link)   • Biggest crash since 1987: Japanese equities are melting down (link)   • U.S. enters recession: This recession indicator has correctly predicted every recession since 1970 (link) ______________________________________________________ 🤔 My Thoughts    Well, that's a doozy of a jobs report. Nonfarm payrolls came in at 114,000 vs. 176,000 expected. The Sahm rule, which states that a recession is triggered when unemployment rises 50 bps from it's 12-month low, has correctly predicted every recession since 1970.  Well, unemployment just jumped to 4.1%...up 50 bps from its 12-month low. Typically, rate cuts follow the start of a recession. So, if Powell cuts in September, that will mean we are likely in a recession. To Better Trading, Alex Reid Wealthpin   WealthPin

Friday, August 2nd ______________________________________________________ “People don't want their lives fixed. Nobody wants their problems solved. Their dramas. Their distractions. Their stories resolved. Their messed cleaned up. Because what would they have left? Just the big scary unknown.”   - Chuck Palahniuk ______________________________________________________ Markets Today   🌏 Asia-Pacific: Down   🇪🇺 Europe: Down   🇺🇸 United States: Down   🛢️ Oil: Down   ⚡ Crypto: Up​​​​ ______________________________________________________ Major Market Events    Non-farm payrolls: A MAJOR miss on non-farm payrolls this morning (link)   Biggest crash since 1987: Japanese equities are melting down (link)   U.S. enters recession: This recession indicator has correctly predicted every recession since 1970 (link) ______________________________________________________ 🤔 My Thoughts    Well, that's a doozy of a jobs report. Nonfarm payrolls came in at 114,000 vs. 176,000 expected. The Sahm rule, which states that a recession is triggered when unemployment rises 50 bps from it's 12-month low, has correctly predicted every recession since 1970.    Well, unemployment just jumped to 4.1%...up 50 bps from its 12-month low. Typically, rate cuts follow the start of a recession. So, if Powell cuts in September, that will mean we are likely in a recession. To Better Trading,   Alex Reid Wealthpin WealthPin

A Wealthpin Publication ABOUT US: Wealthpin is a publishing and education company. We believe that the best manager of your money is YOU and we want to give you great research to help you do that. Our goal is to uncover cutting-edge investment ideas and share them with you in a way that’s clear and useful.  Our  investment research is typically focused on undervalued stocks, high dividends and major growth potential. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpin  are for your informational purposes only. Neither Wealthpin  nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpin is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit https://wealthpin.com/terms-of-use/ for our full Terms and Conditions. Unsubscribe This email was sent to edwardlorilla1986.paxforex@blogger.com by Wealthpin 101 Marketside Ave, STE 404, PMB 318 | Ponte Vedra | FL | 32081 WealthPin

A Wealthpin Publication   ABOUT US: Wealthpin is a publishing and education company. We believe that the best manager of your money is YOU and we want to give you great research to help you do that. Our goal is to uncover cutting-edge investment ideas and share them with you in a way that’s clear and useful.  Our  investment research is typically focused on undervalued stocks, high dividends and major growth potential.   DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpin  are for your informational purposes only. Neither Wealthpin  nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.   DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpin is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit https://wealthpin.com/terms-of-use/ for our full Terms and Conditions.   Unsubscribe This email was sent to edwardlorilla1986.paxforex@blogger.com by Wealthpin 101 Marketside Ave, STE 404, PMB 318 | Ponte Vedra | FL | 32081 WealthPin