30 JULY The most important data packet of this week will be released on Thursday.
The US’s second-quarter growth…
PCE inflation…
Personal income and spending…
Jobless claims…
All at the same time.
However, looking at a single figure would be a big mistake.
We need to read growth and inflation together.
📌 Strong growth + high inflation
It could lead the Fed to stay hawkish for longer.
📌 Strong growth + falling inflation
It may create the “Goldilocks” scenario the market likes.
📌 Weak growth + falling inflation
It could reduce pressure on interest rates, but could also bring recession fears to the agenda.
📌 Weak growth + high inflation
It could reveal the stagflation risk the market dislikes the most.
On the same day in Turkey, unemployment, economic confidence, and producer prices of services will also be announced.
At night, Apple and Amazon earnings will come out.
So on Thursday, the market will test the economy, inflation, and the profitability of AI investments all at once.
#USA #Growth
#PCE #Inflation #Stagflation Goldilocks Fed Dollar Gold Bitcoin Apple Amazon Stock Market Macroeconomics
This post is not investment advice.
#Abd #Pce