Fin "guy" predicts 100bp interest rate CUT within 6-9 mo.
https://www.youtube.com/watch?v=cdSiIYBiGjIStocks bottom is usually within 6 mo of the cut start, so, say, cuts start in 3-6mo, then bull market starts (in full) in 9-12 mo.
Makes sense, just before the halving.
That...or we are in 1930 (or maybe spring 2007)...I prefer the first scenario (100 bp cut).
Looking to make a sizable purchase of btc and stocks, but not yet.
A lot of people / markets seem to have been predicting this type of Central Bank pivot.
So far it hasn't happened and I can't see it happening as banks are still not passing on the rate increases to savers, foolishly causing their own bank runs instead of protecting themselves.
Powell is also saying something very different than what these pundits are always predicting. He hasn't hinted at a pivot at all, possibly only a slowing of interest rate rises. He may well keep them at 5-6% for several years.
What
needs to happen however is for governments to stop spending money they don't have (as THAT is forcing the central banks into impossible positions - just print more but control inflation? How?) and promising voters the world and stop pursuing fairy tale Greta Thunberg utopias that don't help to heat people's homes.
Stop forming this two party axis that is going on in the world and leading to a stupid Cold War scenario: The West vs China / Russia / Middle East (even Saudi Arabia and Iran are now getting along!).
End the WEF nonsense.
Central banks cannot stop that disastrous policy that is a large part of the inflation problem right now.
Get rid of the Neo-cons and multi millionaire / billionaire politicians.
Or just continue and let BTC take over I guess....
I always say: if you don't make a decision, then a decision will eventually be made for you.