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Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...

Dots

...If the dots don't connect, gather more dots until they do...or, just follow the $$$...

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Creek

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Monday, August 26, 2019

Which World Markets Most Need A Trade Deal?

This is a very simplistic look at world markets and current world trade wars...sometimes the K.I.S.S. principle can be useful.

Take a look at the thumbnail charts (monthly timeframe) of the following major world indices:
  • SPX - USA
  • FTSE 100 - UK
  • DAX - Germany
  • CAC - France
  • FTSE MIB - Italy
  • IBEX - Spain
  • SSEC - China
  • NIKK - Japan

It's pretty easy to see, at a glance, whose equity markets have led and whose have lagged, over the past couple of decades (since around 2000).

Which one do you think could best weather prolonged trade wars, especially if they escalate, as well as a possible substantial loss of market capital from their current levels? Which market has most benefited from its central bank's monetary and political fiscal stimulus policies since the 2008/09 financial crisis? 

The answer to those simple questions will tell you who most needs a trade deal in the near term...and I don't think it's the USA. My two cents' worth, from a chartist's perspective, says it's in the strongest position in this regard.