๐จ NEXT WEEK COULD BE A BLOODY WEEK FOR THE GLOBAL MARKET.
๐๏ธ September 14: The U.S. market reopens after some major AI names spent the weekend warning that AI growth may need to slow down.
This is notable because the entire stock market has been strongly driven by the investment trend in AI.
๐ September 15: A vote on the CLARITY Act takes place.
Some Republican lawmakers, banks, and financial institutions have warned that the bill may not pass. If that happens, one of the biggest upside catalysts for the market could be neutralized.
โฑ๏ธ September 16: The Fed makes an interest-rate decision, as the probability of a rate hike has climbed to nearly 90%.
Since the 2007โ2008 period, during times of strong rate-hike expectations like the current ones, the Fed has usually followed through as predicted.
๐ September 17: U.S. housing-market data is released, amid rising mortgage rates.
If the housing market begins to weaken, fears of an economic recession could intensify further.
๐งญ September 18: Japan releases CPI data, and the Bank of Japan (BOJ) makes an interest-rate decision.
If inflation turns out higher than expected, Japan may signal that it will continue raising rates.
And if the market starts to tumble, CTA funds could offload $14โ15 billion worth of U.S. stocks.
All these factors are showing up in Septemberโwhich has already been one of the worst-performing months for the market by historical records.
๐๏ธ September 14: The U.S. market reopens after some major AI names spent the weekend warning that AI growth may need to slow down.
This is notable because the entire stock market has been strongly driven by the investment trend in AI.
๐ September 15: A vote on the CLARITY Act takes place.
Some Republican lawmakers, banks, and financial institutions have warned that the bill may not pass. If that happens, one of the biggest upside catalysts for the market could be neutralized.
โฑ๏ธ September 16: The Fed makes an interest-rate decision, as the probability of a rate hike has climbed to nearly 90%.
Since the 2007โ2008 period, during times of strong rate-hike expectations like the current ones, the Fed has usually followed through as predicted.
๐ September 17: U.S. housing-market data is released, amid rising mortgage rates.
If the housing market begins to weaken, fears of an economic recession could intensify further.
๐งญ September 18: Japan releases CPI data, and the Bank of Japan (BOJ) makes an interest-rate decision.
If inflation turns out higher than expected, Japan may signal that it will continue raising rates.
And if the market starts to tumble, CTA funds could offload $14โ15 billion worth of U.S. stocks.
All these factors are showing up in Septemberโwhich has already been one of the worst-performing months for the market by historical records.
