According to the Wall Street Journal, US companies are raising the prices of their goods, which will have an upward inflation impact not only on the USA, but also make it a lot harder to loosen interest rate i.e. cut. Just as A.I. has started the layoffs in the job market, realistically, an interest rate cut will benefit the consumer and put a little more money in their pocket but those laid off looking for work want jobs, and white collar working landscape has totally changed. These people are the backbone of the middle class, luxury consumerism and the American dream. With inflation on the rise, Central Banks are going to have some hard choices to make. Although in the short to medium term, cutting cost boosting productivity with A.I. may look attractive, its short sighted as you need consumers to drive an economy, not computers and software.

The Break Is Over. Companies Are Jacking Up Prices Again. – WSJ

HOMEWORK: On a daily bar chart 15,30,60 and 100 moving averages, are we seeing them converge or diverge? Are they acting as resistance or support? Trend lines as resistance and support patterns, gaps, what sort of gaps are they? Stochastics. On an intraday bar chart, 15 minutes, all you need is one moving average if it goes above the market sell and below is buy, but remember in this world, the only guarantee is death and taxes.

Note: If you are using a mainframe, make sure the software for the mainframe is set to the correct mainframe and manufacturer.

WARNING: TRADING CAN SERIOUSLY DAMAGE YOUR WEALTH. ALWAYS READ THE TERMS AND CONDITIONS OF YOUR BROKER. DRUGS ARE FOR MUGS AND ALL DRUGS PUT YOU ON ANTI PSYCHOTICS AND MOOD STABILISERS TO KEEP YOU FROM BEING MAD.