👉 Invest in cryptocurrencies with your IRA tax-free https://bit.ly/iTrustCapitalSavvyFinance

👉 How We Are Making Huge Money with Bitcoin and Cryptocurrencies!
http://bit.ly/hugecryptoprofits

👉 Let Your Crypto Make Passive Income For You – https://bit.ly/savvyfinanceblockfi

👉 Get Expert Investing And Budgeting Tips On Our 2nd Channel – https://www.youtube.com/c/StreetSavvyFinance/videos

👉 Enjoy Our Crypto Memes – https://www.youtube.com/channel/UCAzLOtGUh3HuHoZDgjnTzng

DISCLAIMER: We may receive a small commission for any purchases made through our affiliate links.

In this interview, Raoul Pal shares the latest updates on crypto and markets in general. Here is the summary of the video:

The current week isn’t great for stocks and cryptos. S&P is down 3%; Dow 1.8%, and NASDAQ 1%. Bitcoin fell to $45,712, off about 1% on the day and 9% on the week, but up 5% on the month, and 340% up for the year.
Ethereum is up 3% for the day, but down 15% for the month, and 350% for the year to date. These are indicators of how volatile these markets are.

Most of the major cryptos are following previous price patterns. For example, Ethereum is following Bitcoin’s 2017 pattern while Bitcoin is following its 2013 pattern. Solana is also following Bitcoin’s pattern. Weirdly, they are all so similar to previous network effect phases. They are just in different phases, and this kind of correction is normal. At the end of the year, we expect the continuation of the upward trend.

We should expect Ethereum to have a 20% correction and rally again, similar to Bitcoin’s movement in 2017 after its corrective phase got near the high and initially failed before later moving higher.

In the capital markets, we’ve had a 7-month rally in the US equities. The US economy is slowing down. The Fed is going to taper into a slowdown and they will pivot. It will be weird to lighten. The rate of growth and balance sheet will go to zero, as they have been slowing down. Hence, we’ll have to expand the balance sheet.

The Citibank Economic Surprise Index will probably cross zero. It is now at negative 68. This means the economic indicators and data are coming out weaker than forecast. This shows people are overly enthusiastic about the rate of growth of the US economy. The chart of 10-year bond yields has gone nowhere for two months. Bond yields have been trading sideways at around 133 for a long time. Gold is not managing to do much, and the equity market has been moving higher.

Thanks For Watching Our Video 🤗
Please, like, comment, subscribe, and ring the bell! EVERYTHING helps us grow!.

Subscribe Here: http://bit.ly/SavvyFinance🙏
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Credit: Real Vision Finance (Full unedited video)
ORIGINALLY POSTED: Sept 10, 2021
Producer Prices Soar as Apple Loses 80 Billion Dollars In Market Cap

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Welcome to “Savvy Finance 🤝
This channel is all about being savvy with your finance 💰.

We create and share videos about investments and how best you can put your money to use, in order to bring in more money. We love cryptocurrencies and the stock market and so, we share a lot of crypto and stock market videos,, including bitcoin, ethereum, Cardano ADA, and other altcoins. 🗠

We do a lot of research to bring you valuable and useful information, as well as sharing videos from many experts, including Michael Saylor, Raoul Pal, Charles Hoskinson, Max Keiser, Stacy Herbert, Cathie Wood, Lyn Alden and many others. 👨‍🏫.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🎦 Video footage and Background music: all video footage and background music used is either licensed through either CC-BY or from Videoblocks

#bitcoin #cryptonews #raoulpal

👉 FINANCIAL DISCLAIMER
This channel is intended to share tips and investment videos by experts. We DO NOT GIVE FINANCIAL ADVICE! Please consult a licensed financial advisor and do your own research before making any financial action.

Never buy crypto just because you see a YouTuber talking about it. Always do your own independent research before investing in any coin.

For transparency, our crypto portfolio comprises mostly bitcoin, Cardano, ethereum, and xrp.