Loading ...That one video by Hunter described in speaking longer term than short term reminded me of the Titanic. When the bow starts to fill with water it pulls stern part ship up into the air, the weight of that when everybody piles on in stock terms breaks and it falls back down, same as warning of recession or deflation, then the ship continues to fill with water and heads down further so the fed will try to save the banks, the bow rises again straight up while I’m stock terms everyone piles in ,and what a view that must of been and not everyone gets to foresee their death even if it’s not the kind they’d prefer which he will see that before heads back down for the last time suggesting that the PMs will hold on a little longer than the others. It looks like he’s saying we’re still in the first part being pulled up.
Others think it was pulled up during 2020 and money, the M2 spiked up fast which would lead to inflation which it did that could then cause a recession which the Fed is hoping to avoid with a soft landing. Most are predicting a recession or even depression including Hunter.
They’re main purpose of the Fed though it to save the banks, as Pento put it the Fed is the banks bank. Now how would that fit into money changing to digital currency and still be needed? Anyhow if or when the recession comes and valuation of main tec stocks, the main driver are already way over priced,happen to head down what will the Fed do. Right now their focus seems to be bringing down lending cost over the next few years. I don’t think they learned their lesson.