The Fed has its back against a will with inflation surging, says Octavio Marenzi. He discusses how stocks are rallying to begin the week, highlighting SPX, $DJI, NDX, and RUT. He also talks about what a declining stock market means for the Fed. He then goes over how he believes that the markets will have to fall even further than they have thus far. Next, he talks about how the President of the European Central Bank, Christine Lagarde, has said that crypto is “worth nothing.” He mentions that he thinks things will be bad for bitcoin (/BTC) in the medium-term. Tune in to find out more.
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