December 19 press conference by Fed Chairman Jerome Powell.
Economy will continue to perform well in the current year, though growth may slow somewhat. Financial conditions are tightening but are not expected to affect the outlook. Balance sheet runoff is modest and conditions remain accommodative. Rising wage rates are not expected to materially impact on inflation.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.