New US data: Recession signals are flashing [Video]

John Fortune Get Me Trading

The latest US ISM Manufacturing Report on Business is warning of a recession in the US and components within the report are signalling a deterioration in US GDP from this month into the end of the year. Meanwhile, the new JPMorgan Global Manufacturing PMI shows the recession risk is global

Join me as I break down the latest macro data warning of a Global Recession, outline the major Risk Off Quantitative signal that triggered yesterday (and signalled the Top in the SP500 in July) as well as highlight the Monthly Targets for the SP500, Nasdaq, Dow Jones and Russell 2000

Author

John Fortune

Get Me Trading

John Fortune is a professional trader and Head Analyst at Get Me Trading. John has over a decade worth of experience in the Financial Markets and produces a Weekly Forex Forecast covering over 30 markets each weekend.

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