So, Mike McGlone, the senior commodities strategist for Bloomberg Intelligence, has decided to grace us with his wisdom via Twitter. Apparently, he’s been peeking into the crystal ball of U.S. commodities markets and thinks the Fed might just be tightening its grip. Shocking, I know! 🙄
McGlone’s Doubts: Is the Fed Just Playing Hard to Get?
In his latest tweet, McGlone has noticed that cryptocurrencies, commodities, and stocks are all on the rise. He’s also thrown in some fancy terms like “sticky inflation” and “low unemployment” for good measure. Because who doesn’t love a good buzzword? He’s convinced that these “positive” factors could throw a wrench in the Fed’s plans by February 2025.
Rebounding Commodities Could Fuel Fed Tightening – The #stockmarket and #cryptocurrencies are creating massive presumed wealth, #inflation is sticky, unemployment has stopped rising and #commodities have turned higher. Is this an environment for #FederalReserve easing?
Full…— Mike McGlone (@mikemcglone11) February 21, 2025
McGlone poses the million-dollar question: “Is this an environment for Federal Reserve easing?” as if he’s not already rolling his eyes at the thought. He seems to think the Fed might just keep interest rates where they are or, heaven forbid, raise them! This could spell disaster for crypto prices, because we all know that when rates go down, Bitcoin throws a party and drags the altcoins along for the ride. 🎉
As of now, the Fed’s decision to keep rates at 4.25-4.50% is like a cautious parent trying to balance inflation and employment, which is just as fun as it sounds.
Robert Kiyosaki: The Bitcoin Cheerleader 🥳
Enter Robert Kiyosaki, the man, the myth, the author of “Rich Dad Poor Dad.” He’s taken to Twitter to predict a market crash of epic proportions. Stocks, bonds, real estate, gold, silver, and even Bitcoin are all on his chopping block. Yikes! 😱
But wait! Kiyosaki has a plan. He’s not selling his Bitcoin; oh no! He’s going to “back up the truck and buy more.” Because nothing says financial genius like buying more of what’s crashing, right? 🚚💰
Interestingly, this financial guru believes that if Bitcoin takes a nosedive during “The Everything Bubble” collapse, it will be the only asset to bounce back faster than a cat on a hot tin roof.
After a thrilling 2.58% surge in the last 24 hours, Bitcoin decided to throw a tantrum and printed a large red candle on the hourly chart, dropping almost 1%. As of this moment, BTC is trading at a cool $98,590 per coin. Just another day in the crypto rollercoaster! 🎢
Read More
- Top 5 Swords in Kingdom Come Deliverance 2
- Best Avowed Mage Build
- How to Use Keys in A Game About Digging A Hole
- Reverse: 1999 – Don’t Miss These Rare Character Banners and Future Upcoming Updates!
- Brent Oil Forecast
- EUR AUD PREDICTION
- OKB PREDICTION. OKB cryptocurrency
- 8 Best Souls-Like Games With Co-op
- USD DKK PREDICTION
- USD VES PREDICTION
2025-02-21 20:07