By now, you will have all seen news articles about the CEO of JP Morgan warning of a stock market Bubble, and it’s not just being in artificial intelligence. According to Dimond, he said it could happen anytime between six months and two years, that Bull Markets can take time to work out. He said it could be a correction as much as 30% chance according to the news articles the bubble could burst. He can move markets with his comments, and yesterday’s correction is nothing compared to what the man at the top of JP Morgan predicts. What happened to all the Safe Havens for assets? It used to be Switzerland USA, and Japan, etc, but political turmoil and economic strife have changed the playing field. Trump’s tariffs have yet to hit the country’s economy to the full extent they will. The dollar has had a good run but will traders take some profit before we march on into the economic uncertainty that is evolving? Even the International Monetary Fund is saying “Buckle Up”. As one door closes so does another!

As for the UK Budget, whatever way of raising taxes is going to have an effect like inflation rising on the consumer and slow the UK economy by taking spending money out of the consumer or companies’ pockets. Just how much of a fiscal drag will there be? What is fiscal drag?

Homework Charts 15,30, 60 and 100 moving averages (MA) convergence and divergence, resistance and support on MA, as well as trendlines, patterns gaps, break away and exhaustion gaps stochastics.

How will the UK come out of the Prime Minister’s trade talks with India? How will the UK economy benefit not only financially but with Jobs and boosting GDP, and vice versa?

PM wraps up India trade trip with 10,600 jobs secured – GOV.UK

Nearly 7,000 new UK jobs to be created as a result of Prime Minister’s trip to India – GOV.UK

UK poverty crisis laid bare as 500,000 children living in families trapped in benefits debt cycle

WARNING: Trading can seriously damage your wealth. Always read the terms and conditions of your broker!