Asian stock markets exhibited a mixed performance on Wednesday, as strong US economic data clouded the outlook for rate cuts in 2025.

Short Term Elliott Wave view in Nasdaq suggests rally to 22454.7 ended wave ((3)). Pullback in wave ((4)) is now in progress as a zigzag Elliott Wave structure.

Tuesday’s opening bell on Wall Street was accompanied by a series of robust economic reports from the United States.

Markets made a big move lower this afternoon, telling us to look for 2 specific setups tomorrow morning.

We appear to be at/near peak optimism about the US stock market and the US dollar, peak pessimism about the US T-Bond market, and peaks in the expected effects of Trump’s policies on US economic growth and inflation.

Contrary to the popular view, deflation is good for the economy. Thus, when prices are declining in response to the expansion of wealth, this means that individuals’ living standards are rising.

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, January 7.

META​​​​​​​, the tech giant behind Facebook, Instagram, and Threads, announced a seismic shift in its content moderation policies on Tuesday.

Young men are increasingly being economically marginalized. The percentage of men aged 25 to 34 who are not in the labor force is nearly double what it was in 2000.