The Federal Reserve hasn't cut interest rates much so far.
Yet financial conditions in the US are basically as loose as during peak QE in 2021. This means money is almost as easy to access and invest now as it was during the height of stimulus.
As a Bitcoin investor, I'm not
So on one hand, these conditions are good for risk assets. But on the other hand, it also means there's quite a bit of leverage in the system.
If something unexpected happens, like bad news for the US economy, we could see an ugly correction.
But so far, so good.
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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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