Banmuxia: This week’s Fed rate cut will normalize liquidity, and the market is expected to see a broad rally this week or even this month.
ChainCatcher News, Chinese crypto analyst Banmuxia stated in a post, "This week, the Federal Reserve's interest rate cut and renewed balance sheet expansion will bring strained liquidity back to normal. This week will see a broad rally (U.S. stocks, crypto, precious metals, etc.), and even the coming month could be a month of broad gains."
Banmuxia also cited an article he published on November 11, which stated, "Starting in December, the Federal Reserve will stop shrinking its balance sheet and may begin expanding it. At that time, liquidity will return to normal, similar to October 2019. The real massive liquidity injection will have to wait until next May, after Trump takes control of the Federal Reserve, similar to March 2020."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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