According to Forbes contributor David Rodeck, a recession is a “significant decline in economic activity that lasts for months or even years.” Formally, a recession is defined as being two or more quarters during which economic activity contracts. Symptoms of a recession include rising unemployment, falling personal incomes, and lagging industrial output. Although recessions are… Read more.
Beef is one of the most sought-after agricultural products. On a global scale, about 134 billion pounds of beef are consumed every year. In 2019, the U.S. alone accounted for approximately 27 billion billion pounds, making it a primary contributor to the $1 trillion annual meat and poultry industry. According to the United Nations Food… Read more.
Daniels Trading is nonpartisan and does not endorse political candidates. The purpose of this blog post is to provide objective, unbiased information on what we believe could happen in the markets depending on the outcome of the election or how the election may impact the markets. The content is not intended to convey a preference… Read more.
No matter what your investment goals are―whether it’s wealth appreciation or preservation―gold futures can help. Primarily available on the CME Globex, bullion contracts provide market participants with many speculative and hedging opportunities. If you’re an active investor, then gold derivatives are certainly worth a look. At this point, you may be asking, “How can I… Read more.
This has been a big year for the U.S. dollar (USD). The onset of the COVID-19 pandemic brought sweeping government stimulus and unprecedented policy moves from the U.S. Federal Reserve (the Fed). Subsequently, U.S. dollar devaluation became a primary theme throughout the second and third quarters of 2020. As we move into late 2020, experienced… Read more.
No matter which day trading strategies you employ, minimizing losses is an integral part of engaging the futures markets competently. However, this can be a challenging task in fast-moving, volatile markets. Fortunately for active traders, there are a few ways to cut losses before they become debilitating.