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RE: Meanwhile, in the world of stocks...

in LeoFinance3 years ago (edited)

Congrats on your impressive returns!

If I can offer my 2 cents, I predict bitcoin and metals will outperform all other asset classes in the coming year. I expect to see a large spike is both metals and crypto this spring as a massive, new coronavirus "stimulus" is almost certain when Biden takes office. This spike could be even bigger if any sort of student loan forgiveness is reached. In this case, SLABS (student loan asset backs securities) would be slammed which could very easily precipitate a massive crash from the subsequent deleveraging. Similarly, commercial real estate is seeing the highest vacancies in decades, which will lead to massive earnings misses in the coming quarters. Any or all of these outcomes will lead to massive printing by the FED which can only fuel metals and crypto higher. Oil could remain depressed in the near-mid future as oil producing countries from Russia to the Mid-East continue to churn out the production. The glut of oil will be even larger if the Biden administration rejoins the Iran deal and Iranian oil floods the markets.

Good luck on continued success in your investing!

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Bold predictions!

We shall see how things go.