Trading the stockmarket (NO Referrals)

[mcast123]

US/UK governments need to take more money out the economy to stem inflation, the result is obviously a slowdown. As markets are forward thinking you need to figure out what the economy is doing in 6 months. Mid 2023 will see a relaxing of inflation and interest rate rises, economic growth will kick in a few months later.

Everything you read in the UK media is backward thinking and just noise, try and read Goldman Sachs economic forecasts as they are the best in the business.

tl;dr buy second quarter 2023

 

[mcast123]

Long GBP/USD @ 1.165 target 1.4 by June 23

Rocky ride on this one 1.165 to 1.008 to 1.24, hit a black swan event caused by Liz Truss, I still expect 1.40 by June.

Never underestimate the stupidity of your government.

 

[mcast123]

Its very simple, sign up to vanguard, make an ISA account, invest into one of the all world index fund/etf they offer.

This is exactly what most people should be doing, I prefer the S&P but similar idea. People "trading" on here have either years of experience or are just having fun with disposable money.

I also encourage people to move their pensions into this type of fund, tiny fees and less fund manager idiocy. I worked with these people for many years, half of them come in monday mornings hungover/high and chuck your money into whatever they dream up.