No crystal ball here but am familiar with the monetary cycle and stock market history.
Suspect the selling in high growth stocks likely to continue until multiples revert to around pre-COVID levels and when $NDX $SPX have completed their flush, it'll probably be the time to buy.
Suspect the selling in high growth stocks likely to continue until multiples revert to around pre-COVID levels and when $NDX $SPX have completed their flush, it'll probably be the time to buy.
As long as the Fed is draining liquidity and reducing asset purchases, risk assets are likely to stay under pressure.
At some point in Q1/Q2, we'll probably get a deflationary event/slowdown/crack in inflation and that should prompt the Fed to reverse course + ignite rally.
At some point in Q1/Q2, we'll probably get a deflationary event/slowdown/crack in inflation and that should prompt the Fed to reverse course + ignite rally.
For the next few weeks/months, safe havens are likely to be US$ cash and 30-Year USTs.
During asset liquidation/post-bubble contractions, capital usually flows to the safety of the senior currency and sovereign debt market, but obviously anything can happen. Time will tell.
During asset liquidation/post-bubble contractions, capital usually flows to the safety of the senior currency and sovereign debt market, but obviously anything can happen. Time will tell.
Finally, remember crypto is a high-beta speculation on liquidity and as the Fed tightens policy, its likely to get hit along with other risk assets (perhaps more so).
Since taper was announced, Bitcoin has lost ~20% of its value so its correlation with stocks is holding up.
Since taper was announced, Bitcoin has lost ~20% of its value so its correlation with stocks is holding up.
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