Yes, I was talking in a macro sense. While it may not be enough on its own to execute a trade, it does give an indication which can better inform trade decisions. No?
I am just trying to understand how global economies work, on their own and in relation to each other. I wasn't messing when I said that prior to starting to trade 7 months ago, I knew next to nothing about business and economies.
The way I see it, if I was to ignore the "Macro-scale" stuff and just focus on the shorter, more recent-term stuff, then in a sense it would be the same as me trading with TA, not knowing a single thing about how fundamentals work. Which is dangerous.
Perhaps I am making naive assumptions, or drawing naive conclusions. Forgive me.
I am just trying to develop a solid understanding of the overall machine in the hopes that it helps me better understand the moving parts
The problem with your approach is that you have a certain view of how fundamentals are used and then frame the issues in terms of how you think it is used in trading. If you don't know about a subject then I suggest you ask questions based on what others are saying and not framing questions based on your worldview on how it is meant to operate.