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We can see the troubles and threats to the markets:
• Interests still going up thus
• Inflation up
• stocks down with speed - quite far from the recent new ATH's
Why?
Uncertainty in the markets through war (Ukraine, Israel, Palestine, Jordan etc.) and threats to many countries by high inflation, migration. ON top indecision of Parliaments and Governments.
Result: stocks down, inflation fires consumer prices and mortgages up, currencies down while some islands like Gold, Coins, Jewelry, and some precious currencies nearing the last highs.
Here some examples: The losers DAX down (already in recession)
USD / CHF
EUR / CHF
The Winners - all as a path to safe haven (5 year development) Gold price / $
btc$ (near 30k again)
OUT of stocks and IN to coins or Gold - as always when troubles are seen or at least ahead!
GFIs1
Yesterday I prepared a long post reflecting the post with the development of the different markets. Of course no longer worth to discuss today as it is too late...
At least the platform works this morning again - thanks! So:
Tuesday
Asia 4:2 red, Top Shanghai + 0.83%, Flop AUS - 0.84%.
Gold @ 1976
Numbers: Consumer Price Index: Germany 8:00, EU 10:00,
S&P Index: Germany 9:30, US 15:45
Speeches: ECB Lagarde 14:30 IMPORTANT: ECB Decision will be on Thursday
DAX pre cash 7:30 @ 15794
