Is it deep around here? 👀

Come on, let me tell you what I see in this data that will relax you 🙂

An important data showing that the market has given a bottom signal at this stage; ISM

The main reason for yesterday's sales was the poor ISM data. However, these data can actually be interpreted as a "bottom signal" in the economy.

Of course, it may be too early to say anything definite at this stage, but this data is not a possibility to be underestimated.
As a result, news coming from Japan is dragging the markets into sales. Of course, this seems to be just a short-term turbulence.

Currently, at a time when the Fed keeps interest rates low and inflation is high, the ISM data is not deteriorating. On the contrary, the US has won the battle against inflation and interest rates are quite high, which greatly strengthens the Fed's hand.

Already, the interest rate cuts that will begin on September 18 and the increasing money supply are the biggest indicators of this situation.

In addition, false news about #Nvidia and companies in the field of artificial intelligence can also be considered as another underlying signal. The antitrust case filed against Nvidia yesterday is also part of this.

In conclusion, we have entered a period where ISM is at the bottom, money supply is increasing, and the American economy is starting to recover.

Now, every positive data related to the economy will lift the stock markets one step up.

Until basic data like ISM starts producing bottom and top signals, the rally will continue for a long time.

Note: The graph displaying the data is a quote.

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