Trade Journal

Trade Journal

Week Ahead 📈

6th-10th May 2024

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Trade Journal
May 06, 2024
∙ Paid

Welcome to this week's newsletter. I hope you’ve had an awesome weekend. Sorry the delay!

Last week on the docket, we had tonnes of US data, and most importantly, Mr. Powell mentioned “unlikely that the next policy rate move will be a ke," stagflation, , Stagflation and of course the 2% target of inflation. However, we are still on the same path of ‘higher for longer’ which initially raised the market before retracing all of that back. A post was given prior to paid subscribers expectations and what to look out for. At the end of the week, we had NFP. The US economy added fewer jobs than expected last month while wage growth eased! However, earnings were much higher than expected quarterly. Consumers got a boost this week: AAPL 0.00%↑ biggest stock buyback and AMZN 0.00%↑ strong earnings!

We even had consumer sentiment fall a large amount. Subscribe to find out more for this week. What does it mean for consumers? How can we trade this going forward? Why is there an increase in emerging markets?

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