The probability of a Fed rate cut in the US has risen to 80% for September.
Capitalism renews itself through crises. Unemployment rises → employment falls → interest rates decrease → consumption increases. House and car are purchased. Monetary expansion begins. The bull season begins with a shift towards risky assets. Now we are right in the middle of that cycle.
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The probability of a Fed rate cut in the US has risen to 80% for September.
Capitalism renews itself through crises.
Unemployment rises → employment falls → interest rates decrease → consumption increases.
House and car are purchased. Monetary expansion begins.
The bull season begins with a shift towards risky assets.
Now we are right in the middle of that cycle.
#bitcoin #altcoin