The template shows an equity price (e.g. QQQ) comparing to SPY,
with indicators of major economic variables
1. Unemployment rate (UNRATE);
2. CPI index (USCCPI);
3. Interest rate (USINTR);
4. FED balance sheet (USCBBS);
5. Dollar strength (DXY);
Unemployment rate and CPI are the two major conflicting variables that central bank (FED) tries to balance, via the method of adjusting interest rate and FED balance sheet (e.g. Quantitative easing). And the dollar strength gives some a peek of the world economic via US currency exchange rates.
Combining these economic indicators can hopefully give some insights of the growth or decline of the US economics which will partially be correlated with equity prices.
with indicators of major economic variables
1. Unemployment rate (UNRATE);
2. CPI index (USCCPI);
3. Interest rate (USINTR);
4. FED balance sheet (USCBBS);
5. Dollar strength (DXY);
Unemployment rate and CPI are the two major conflicting variables that central bank (FED) tries to balance, via the method of adjusting interest rate and FED balance sheet (e.g. Quantitative easing). And the dollar strength gives some a peek of the world economic via US currency exchange rates.
Combining these economic indicators can hopefully give some insights of the growth or decline of the US economics which will partially be correlated with equity prices.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.