11th SEP 2023 China President Xi Jinping's decision to forgo participation in the G20 meeting, accompanied by Russian President Putin, has raised concerns for me. I hold the view that this development may have implications for the future trajectory of U.S. Crude Oil prices, which I believe will likely ascend to higher levels by the end of this year. Presently, it is trading at approximately US$87 per barrel, with my target range being US$92-93. This potential increase in oil prices could exacerbate the ongoing issue of inflation, and the upcoming release of CPI (Consumer Price Index) and PPI (Producer Price Index) data on Wednesday and Thursday will be closely scrutinized. These data releases precede the upcoming FOMC (Federal Open Market Committee) Meeting scheduled in nine days. If the CPI data surprises the market, there is a considerable likelihood that Chairman Powell may opt for a 25 basis points interest rate hike, a decision that could significantly impact the equity market. It's worth noting that the majority of Wall Street traders are presently anticipating the Federal Reserve to maintain its pause on interest rates. Drawing from the insights of former Goldman Sachs Strategist Abby Joseph Cohen, who has expressed concerns about a potential recession with a probability in March 2023, we can observe a recurring pattern. The divergence between inflows into money market funds and bank deposits continues to widen, while the disparity between U.S. equity markets and bank reserves is becoming increasingly concerning. Should any company, financial institution, or entity decide to surprise the market without prior warning, there is a risk of triggering a sudden capitulation, reminiscent of the events involving three U.S. banks in March. We trust that you too have found value in these strategies. If not, at the very least, this demonstrates our authenticity in sharing valuable insights. Sincerely, Kindly Leave a comment for me. Appreciate that. LIKE and SHARE & SUBSCRIBE my channel. Thank you! Disclaimer 韩孝荣 KEL ------------------------------------------- Hi Everyone, I am KEL, TWB System Founder & Creator If you would like to find out more about my TWB System, you can contact us via our official website is www.tradewitheboys.com or official FB Page: www.fb.com/tradewitheboys We have coached hundreds of traders around the world. Singapore, Malaysia, Indonesia, Cambodia, Australia, USA, etc. ========================================================== Disclaimer: Please be aware that I am not a financial adviser nor a CPA. This video is for Educational and Entertainment purposes only. Investment of any kind involves risk which can be minimized with skill. I am only sharing my opinions with no guarantee of gains or losses. No obligations to trade based on what I shared. I am only responsible for my own losses and gains in my investment practice. Your investments are solely your own responsibility. It is very important for you to conduct your own research or consult a financial adviser before you make any investment decisions. ======================================================== #CDS #Capitulation #sovereigndebtcrisis #TradeWithTheBoys #TwbAcademy #stockmarketcrash #blackswan ... https://www.youtube.com/watch?v=XNmrPY6xVjg