This is very interesting/scary analysis for next 6+ months.
In the end he said few words like, he doesn't know much about politics, but generally markets don't like where there isn't much clarity on the elections.
when there is unclear future of who will possibly in elections, the markets usually move downwards into elections.
when there's some clarity on options available then the market do little well entering into elections period.
The scary analysis is in case the Fed somehow decides to hold on to cut rates into September as well, the chances increase of hard landing. Means the market could escalate towards downward trend going forward and that could potentially mean the market topped already in bitcoin, which means the top will be considered the 73k range BTC already has hit.
Bob mentioned in his videos that this is a low probability, but the market has already topped can not be ruled out.
The chances are higher that markets will keep sideways move towards Aug-Sept, if Fed cuts rates in Sept, and then afterwards markets pump Q4 2024 to Q1 of 2025.
Ben also covered the possibility that in this pump case, it is also possible that inflation comes back again, and this time even higher than before quick enough, and the cycle of 1970s repeat again.
This is one of the hardest economic moves to manage.
If what the above analysis is how it ends up, we are in for the bumpier rides ahead.The worst thing would be the market has already topped scenario.
