⚠️VOLATILITY ALERT - -THIS IS GDP TIME NOW -- ⚠️ (⏫?⏫)

GDP coming out next.

Recession or No Recession?

For the past several decades, society has been telling itself the same story about economic growth: that it is always good, that it should be fast, and that it is best measured by gross domestic product, or GDP. But what do we miss when we keep our attention on that one little number to tell us how everything is going? In focusing on that number, are we overlooking what it takes to achieve it?

GDP measures the monetary value of goods and services produced in a country. It contemplates things like consumption, government spending, business investments, and net exports. But there’s also a lot it leaves out, such as unpaid work, sales of used goods, and, perhaps most important, general well-being. Generally, countries with stronger and growing economies have higher standards of living. But GDP is only a decent-ish indicator of how things are going for people.

IN OTHER WORDS:

This is time for Fundamentals, time for chart and TA will be after the announcement and initial volatilty.

DYOR and maybe just don't trade...

Allow the Professor to be Bullish and keep Long positions open.


One Love,

the FXPROFESSOR