✅MACRO DATA 🇺🇸
🟢 U.S. GDP Report (4th quarter)
🟢Investor expectations: investors expect US GDP to decrease from 2.3% to 0.2%
✅Fact: -0.3% (worse expected)
❔How to read the data: the data went below expectations, which means that the economy stopped growing and “stagnation” began. This increases the chances that the US Federal Reserve is more likely to start lowering the interest rate, we are getting closer to the “printing press” (this is positive).. But the risks of recession are also increasing locally - this can “disturb investors”
🇺🇸Employment in the private sector (preliminary)
🟢Investors’ expectations: investors expect a decrease in employment from 142K to 114K
✅Fact: 65K (low expectations)
✔️Comment on the data: we saw negative GDP for the first time in “this season”, which means that the economy is slowing down sharply (we expected this even before the introduction of tariffs), locally - this may have a negative impact on the markets, as the risks of recession are significantly increasing, as are uncertainty, investors’ concerns, but, at a distance, this increases the chances of reducing the rate of the US Federal Reserve (already at the next meeting on May 7), as well as, we are getting closer to the inclusion of the “printing press”. The labor market is also weakening if the data is confirmed on Friday - we are waiting for “recession rhetoric” of the media and panic, but very soon - the Fed will intervene.
