Want to keep your wealth? Dr. Doom advises: Stay away from long-term U.S. debt and Bitcoin
As Trump is about to take office as the new U.S. president, the market expects that his measures such as raising tariffs and lowering corporate taxes may trigger an inflationary impact. Nouriel Roubini, a well-known economist known as "Dr. Doom", has already done so. Be prepared, and switch to short-term U.S. Treasury Bond ETFs as the largest holdings. He bluntly stated that long-term U.S. Treasury bonds will perform poorly, and Bitcoin is very volatile. "If you want to preserve your wealth, you should stay away from such assets."
As Trump plans to lower corporate taxes, the market is worried that the U.S. government's fiscal deficit will further expand, which will in turn cause U.S. bond yields to rise. The policy of raising tariffs may also cause further inflationary impacts. In order to avoid U.S. bond yields It is too high. It is expected that Trump will use various methods to hope that the Federal Reserve will speed up interest rate cuts. Roubini is bracing for a rise in long-term U.S. Treasury yields.
In addition, Roubini, who regards Bitcoin as the "mother of bubbles", still maintains a distance from this cryptocurrency or currency, although many investors have recently believed that Bitcoin is an alternative in an environment where inflation risks are rising. Asset preservation plan, but he emphasized, "Bitcoin is very volatile. If you want to preserve wealth instead of taking high volatility risks, then you should stay away from this type of asset."
I will always remember that in 2023, when the stock market rebounded from the bottom and then made a small correction, this expert also believed that it was overpriced and a bubble was coming. As a result, it never fell below the original low after that🤣🤣🤣
#MARVIN Musk’s favorite dog is not one of them. The market value of dogs related to Lao Ma starts at 1 billion. So what if it is Marvin, who has a very high camera exposure rate? It is very likely to be the next Pnut. The current market value is only about 10 million, and there is at least 100 times room for growth!
