The Chances of US economy recession are fading

Live :Monetary Policy Report – Press Conference (Webcasts) – October 2019
EARAUD trading near asian session high
Europe outperforming says Goldman sachs due to management of coronavirus
UK CPI rises 1.3% YoY in December vs. +1.5% expected.
German 5-year bond yields turn positive

The yield curve is no longer inverted. Why are bond markets still pricing in a recession? @PStreible @CMEActiveTrader discuss.

— QuickTake by Bloomberg (@QuickTake) December 2, 2019

The on going ease on trade talks with china ,So the the looks of the next 12 months according to CME GDP saw a positive tilt in November Housing stats ,continuously improving further .and the progressive brexit . though not yet completed or concluded.

The factors as such showing the the advantage may go for the USD .

United States has the 16th-highest number of Nobel laureates per capita (11.476 laureates / 10 million people). The top 10 countries by Nobel laureates per capita are: Faroe Islands, Saint Lucia, Luxembourg, Switzerland, Sweden, Iceland, Denmark, Norway, Austria, United Kingdom, East Timor.

Further,US defense budget for 2019,The approved 2019 Department of Defense discretionary budget is $686.1 billion.


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