2023-08-20 18:50:34
Slack was down, with issues loading pages and sending messagesChina facing deflation may be bad news for Bitcoin
On the latest episode of Macro Markets, analyst Marcel Pechman highlights the impact of the United States Federal Reserve's balance sheet. Pechman explains how the Fed increased its assets by $5 trillion between December 2019 and April 2022. Notably, this expansion period coincided with a 38% crash in the S&P 500 index and the Federal Reserve balance sheet surpassing $8.9 trillion at the peak of the stock market.
Steam Trap Market to hit USD 6.2 Bn by 2032, Says GlobalPechman warns that inflation will likely surge once the Federal Reserve is forced to expand its balance sheet again. He advises holders of scarce assets like Apple shares, land, gold, and Bitcoin (BTC) to remain cautious and not be deceived by temporary reductions in inflation.
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Pechman also delves into the issue of deflation in China. Economists view the declining domestic consumption as a troublesome sign, as investors hope for their central bank's balance sheet expansion to work a miracle.
Medicated Feed Market Size, Key Players Analysis and Forecast To 2029 – Evonik, DowDuPont, DSM, AdisseoPechman believes that China's situation raises several red flags. To understand his assessment of the risk for global economies, stock market predictions, and the future of Bitcoin, watch the latest episode of Macro Markets on the Cointelegraph Markets & Research YouTube channel.
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