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But we saved everything 🙂.
Jurrien Timmer stated that the current cyclical bull market began four years ago on October 13, 2022, following a significant reset in the cost of capital. He attributed this reset to the inflation surge during the COVID era and a combination of strong monetary and fiscal measures. Timmer also noted that while the fiscal impulse continues, the monetary aspect has shifted.
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Timmer previously forecast that Bitcoin’s price could reach $300,000 by 2029, citing power law mathematics as a basis for the long-term bull market trajectory in an earlier analysis. He also discussed how tightening financial conditions have started to affect corporate earnings in a separate commentary. These views provide context for his latest comments on the ongoing market cycle.