1 Followers
recast:farcaster://casts/0x58e2d5ceaecb8ef45a3a1d952742e08ffe265a68b279f18d5fb876c26ed305c2
recast:farcaster://casts/0xd5515b6282f5a892ba74d041ba4beca94f0b3882e604527cb3d80249136b2ca1
While there is strong evidence that a #US recession may be imminent, such as the #yield curve inversion and the deterioration of the #labor market and #consumer weakness, some parts of the economy remain resilient, and this resilience is also reflected in the price action of the #S&P500 index. Despite recent volatility, key moving averages are still pointing upward, indicating that the upward momentum remains intact. b. The put-call ratio of US stocks hit its lowest level since 2021. In other words, the trading volume of individual stock call options and put options is the largest in three years, which means that the degree of bullishness is very high.
recast:farcaster://casts/0x137dab4e19958cf324b9ed872942fdf92b43e3f848a5548b4abca69a15c4ec07