“Bond yields have bottomed out and stock markets have topped out,” says Mark Moss, an analyst for Market Disruptors. “There’s been a shift at the Fed itself, and they’re doing everything to keep the dollar strong,” he tells our Daniela Cambone in this edition of Powershift: Outlook 2023. “[Jerome] Powell does not care about your retirement account or your home’s value… he’s made that very clear,” Moss continues. “If [the Fed] don’t continue to inflate the currency the whole system will crash, and the dollar will of course continue to decline in value it just depends on the time frame,” he explains. “Tech stock equities are going to do horrible over the next couple of years due to their diminishing P/E ratios,” Moss warns. “The SEC has obviously failed consumers [on the FTX situation], and regulators are going to be pressured to act,” he concludes.
#fed #ftx #gold
⭐️ Join Daniela Cambone’s exclusive community ➡️ https://danielacambone.com
➡️ Follow us on Facebook: https://www.facebook.com/StansberryRe…
➡️ Follow us on Twitter: https://twitter.com/stansberry
➡️ Follow us on Instagram: https://www.instagram.com/stansberry_…
➡️ Follow us on LinkedIn: https://www.linkedin.com/company/stan…
