Federal Reserve frontrunner Rieder said interest rate cuts and balance sheet expansion are necessary, and Trump also said the next chairman must cut rates. These are events we expected, and often the market reacts to expectations beforehand. I believe most people in the industry are bullish and hope the crypto downturn ends soon, with a bull market on the horizon. This is the last darkness before dawn. Great investments are made by positioning at low points and exiting at high points.
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Sam Callahan
@samcallah
01-27
Rick Rieder is now the odds-on favorite to become the next Fed Chairman.
The two clips below show he is:
- Motivated to cut rates much lower
- Fully aware of fiscal dominance
- Eager to use the Fed’s balance sheet in “innovative ways”
TLDR: You don’t own enough hard assets.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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