This evidenced by the fact that the fed just flipped dovish.
Discussion
They can flip all they want but they will never take our dignity
This is what it sounds like… when the doves cry. 🕊️🧡₿
#bitcoin
I always think of Spitznagel’s take on this part of the cycle: dovishness forms a reflexive loop where everyone’s waiting for the next cut before they invest, creating the conditions for the next cut…
Rule of thumb, if the fed has an excuse to print, the fed will print.
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Rule of thumb, if the fed has an excuse to print, the fed will print.