It’s been predicted that the US stock market is at the verge of collapse which is said that the first time this happened was in 1929, a macro economists who goes by the name Henrik Zeberg says that the stock market crash might be the biggest since 1929.
He continued by saying that he expects a massive blow off for equities in coming months with stocks likely to go up and the dollar index (DXY) which is against the US dollar would likely go down.
In a tweet storm which he tweeted to he’s flowers that he is trying to be clear:We have the largest crash in equities/risk assets since 1929 coming! Deep Recession!But not yet.First the inconceivable and very hated blow-off top, which will pull investors in on the wrong side before crash.
The macro economist says that he’s pretty bullish about the king crypto(bitcoin) has he says that bitcoin could likely dip to $25k before a bullish rally might happen.
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