Global Recession Concerns Dominate as Stock Markets React to Fed's Outlook Shift | tastylive's Macro Money
Stock markets look vulnerable while the US dollar gains as traders adjust Fed rate expectations to a "higher for longer". Global recession fears threaten to hurt risk appetite further. tastylive's Head of Global Macro Ilya Spivak weighs incoming US retail sales data, big box store earnings reports and minutes from July's FOMC meeting to consider whether US consumers can continue to keep the global economy afloat. Ilya has over 15 years in trading strategy roles. He applies a top-down global macro approach to trading that seeks to take advantage of big thematic moves in G10 FX, commodities, rates and equity indices. READ A SHORT SUMMARY OF THE ANALYSIS IN THIS VIDEO HERE: ============ 🏦 Get Up to $3,000* Cash When you Fund Your tastytrade Account: Earn up to $3000 terms and conditions apply. Void where prohibited. See info.tastytrade.com/tasty-offer for full details. Offer expires 9/30/23 tastylive Inc. and tastytrade Inc are separate b...