Sponsor Your time is almost up! [Tom Busbyâs newest Weekend Side Hustle technique dropped THURSDAY!]( If you're reading this, that means you're late⦠But not too late! There is still time to tap into this unique income opportunity before the weekend rolls around! [CLICK HERE]( And learn how you can set yourself up for many Mondays to come with this one trade set up! Positive Signs Emerge as U.S. Recession Probability Declines Weekly Market Overview Hi Traders, The prospect of the U.S. economy entering an officially recognized recession seems to be lessening. Recall that the chance of such a downturn reached its highest just before the U.S. Federal Reserve revealed plans to raise the Federal Funds Rate another quarter point, adjusting its target range to 5.25-5.50%. Although this was pretty much in line with what everyone was thinking, the interesting part is what happened next: The odds of a recession actually started to diminish as longer-term interest rates climbed. Since then, the spread between the 10-year and 3-month U.S. Treasuries has shown signs of returning to normal, reducing the inversion of the yield curve. Now, if you're following the "Recession Probability Track," you'll know it gauges the chance of a recession officially kicking off within a year. Currently, this chance stands at 78.0% for the period between September 18, 2023, and September 18, 2024. The odds peaked at 80.8% back in July 2023. This suggests that the highest likelihood of the National Bureau of Economic Research (NBER) marking a turning point in the U.S. business cycle falls between July 2023 and July 2024. Intriguingly, even though the recession probability is on a downward trend, we can't exactly celebrate yet. Historically, the Recession Probability Track has often dipped right before the NBER announces an actual recession. Essentially, this could be a signal that an official recession proclamation might be just around the corner. Of course, past performance is not a perfect predictor of future results; there have been anomalies before. So, the crux of the issue is: Could this be another exception, and just how confident are we in that speculation? We'll keep an eye on the Federal Reserve's Open Market Committee meetings to provide timely updates on this topic. Specifically, we'll maintain our coverage until the yield curve returns to normal, which is to say, until the interest rate on the 3-month U.S. Treasury is lower than the rate on the 10-year U.S. Treasury. In our opinion, the Fed's move to raise the rate may have signaled a cautious optimism, possibly backed by some undisclosed economic indicators. The dipping recession probability could be a result of this move, or it could be a 'calm before the storm' moment. However, given the historic patterns, we'd argue that it's crucial to remain vigilant and not let the guard down just yet. - The Team at Altos Trading Sponsor These two brilliant market experts are about to give away one of the biggest breakthroughs Iâve ever heard of. Make sure you donât miss it! [So click here and join Jack and his friend Garrett {NAME} now!]( Couldn't catch our Live Weekly Market Overview? Rest easy; we've prepared a recording for your convenience. The team tackled pressing matters, especially today's crucial Federal Reserve meeting, which could significantly influence market trends in the upcoming weeks. If you're interested, we'd love for you to be part of our live seminars every Tuesday evening. But if you can't make it, no stress! The recorded session will be accessible by Wednesday afternoon, allowing you to catch up at a pace that suits you. This week our topics were... - Market Overview - Mapping Out Key Levels
- Review 36 Month MA
- Trade Selection/Scanning
- Share Your Favorite Symbols!
- Ticker Q&A Roundtable [CLICK HERE TO WATCH THE FREE REPLAY]( Sponsor [New Customers earn 5.25% APY* (variable)]( Store your money with [Cash Reserve]( a high-yield account built for peace of mind. New customers earn 5.25% variable APY*âthatâs 13x higher than the national savings rate. ** Plus, your moneyâs FDIC-insured up to $2Mâ at our program banks and no limits on withdrawals and transfers. ** The national average savings account interest rate is reported by the FDIC (as of 5/15/23) as the average annual percentage yield (APY) for savings accounts with deposits under $100,000. Disclaimer: The Altos Trading Alert Newsletter is published as an information service for subscribers, and it includes opinions as to buying, selling and holding various stocks and other securities. However, the publishers of the Altos Trading Alert Newsletter are not brokers or investment advisers, and do not provide investment advice or recommendations directed to any particular subscriber or in view of the particular circumstances of any particular person. Altos Trading, including its owner, does not participate in any trades issued through the alert services. Subscribers to Altos Trading or any other persons who buy, sell or hold securities should do so with caution and consult with a broker or investment adviser before doing so. Trading securities and options involves risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Investors need a broker to trade securities and options, and must meet suitability requirements. Past results are not necessarily indicative of future performance. Performance figures are based on actual recommendations. Due to the time critical nature of trading, brokerage fees, and the activity of other subscribers, there is no guarantee that subscribers will mirror the performance of the service. Performance numbers shown are based on trades subscribers could enter based on the trade alerts. Altos Trading, LLC assumes no responsibility for any losses incurred by any individual or entity as a result of trade alerts or strategies taught through courses or coaching services. 7154 W State Street
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USA Disclaimer: The Altos Trading Alert Newsletter is published as an information service for subscribers, and it includes opinions as to buying, selling and holding various stocks and other securities. However, the publishers of the Altos Trading Alert Newsletter are not brokers or investment advisers, and do not provide investment advice or recommendations directed to any particular subscriber or in view of the particular circumstances of any particular person. Altos Trading, including its owner, does not participate in any trades issued through the alert services. Subscribers to Altos Trading or any other persons who buy, sell or hold securities should do so with caution and consult with a broker or investment adviser before doing so. Trading securities and options involves risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Investors need a broker to trade securities and options, and must meet suitability requirements. Past results are not necessarily indicative of future performance. Performance figures are based on actual recommendations. Due to the time critical nature of trading, brokerage fees, and the activity of other subscribers, there is no guarantee that subscribers will mirror the performance of the service. Performance numbers shown are based on trades subscribers could enter based on the trade alerts. Altos Trading, LLC assumes no responsibility for any losses incurred by any individual or entity as a result of trade alerts or strategies taught through courses or coaching services. 7154 W State Street
Suite 169
Boise Idaho 83714
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