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Joe Consorti: Federal Reserve may crash dollar instead of stock market
Joe Consorti suggests that the Federal Reserve is more likely to crash the dollar than the stock market. He points to historical patterns in 2008, 2019, 2020, and 2023 as examples where the Fed acted in a similar fashion.
He indicates that such an outcome may happen again soon.
Consorti previously noted that a three-month shutdown of the Strait of Hormuz could disrupt global fuel, fertilizer, and food supplies, raising inflation risks (link). He has also observed Bitcoin reclaiming the $79,100 short-term holder cost basis for the first time since 2022 (link). These observations form part of his recent market commentary.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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