{"id":152993,"date":"2019-08-07T10:45:22","date_gmt":"2019-08-07T14:45:22","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=152993"},"modified":"2019-08-07T07:34:44","modified_gmt":"2019-08-07T11:34:44","slug":"non-cyclical_stocks-analysis-investors-fear-chinas-retaliation-sanctions-on-us-goods","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/08\/non-cyclical_stocks-analysis-investors-fear-chinas-retaliation-sanctions-on-us-goods\/","title":{"rendered":"Non-Cyclical_Stocks Analysis: Investors fear China\u2019s retaliation, sanctions on US goods"},"content":{"rendered":"
August 7, 2019<\/div>
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By IFCMarkets<\/a><\/strong><\/p>\n

The cyclical nature of the American labor market may affect the dynamics of PCI.<\/strong><\/p>\n

In this review, we suggest to consider a personal composite instrument (PCI) Non-cyclical_Stocks – Stock Index Non-cyclic stocks. It reflects the price dynamics of a portfolio of 6 shares of the world’s largest companies that produce consumer goods and services. Will the Non-cyclical_Stocks quotations<\/a> fall?<\/p><\/blockquote>\n

After the announcement of new duties on Chinese goods, a correction began on the US stock market. Investors fear China\u2019s retaliation and sanctions on US goods. Regarding American companies in the consumer sector, it can be noted that the unemployment rate in the US is now 3.7%. This is a minimum since 1969. The American labor market, as a rule, shows a cyclicality around an average level of 6%. In case of an increase in unemployment to the average historical level, the income of consumer companies may decrease.<\/p>\n

\"Non-cyclical_Stocks\"<\/p>\n

On the daily timeframe Non-cyclical_Stocks: D1<\/b> has broken down the uptrend support line. Technical analysis indicators formed a downtrend signal. Further downward correction is possible in case of publication of negative macroeconomic and corporate data.<\/p>\n