July 12, 2022

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Editor’s note: Charts will soon return to big charts with a magnifying glass and more detail.

Euro Parity

Note the following:

• The chart shows a swift drop in euro against the dollar.

THIS CLASSIC MISTAKE WILL COST YOU DEARLY – HERE IS HOW TO AVOID THE PITFALL

• The market is on a euro parity watch.
• Investors need to grasp the following implications of the major currency move.
  • This development is inflationary in Europe.
  • This development is deflationary in the United States.  
  • This development increases the probability of a recession in Europe to 90%.