Hi mates, i sharing my thoughs about markets from last week and my view for week ahead.Today i bring some more focus on intermarket analysis in this post. So lets start with last week recap:
Summary of last week: We had busy week for macro, that shows worsening US economy by COVID-19
Dissapointing retail sales for December at Friday: Core Retail Sales m/m: -1.4%, Retail Sales m/m: -0.7%
Dissapointing Uneployment claims: 965K vs. 785K
CPI numbers just in line with expectation
New $1.9 Trillion stimulus proposal by president-elect Joe Biden
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