Thinking back on macro, I realized that: MACRO DOES NOT REFLECT MARKET PRICE LINE! I will give you 2 recent cases that investors from 2020 will feel.
Looking back at the Covid period 3/2020, I call this a historical sell-off phase of all markets: Stock, Crypto, commodities. Despite the frozen economy, negative GDP, falling CPI, rising unemployment, experts all predicted a price drop, all recovered just 1 month later and had a very strong growth wave, for example $BTC from 5k to 69k, S&P 500 increased x2
Continuing to the period 2023 - 2024, when in 2022, big banks like Bank of America, Deustche Bank, FED, big investment funds like J.P Morgan, Goldman Sachs all predicted a "mild" recession in 2024 with very convincing figures such as 59% falling into recession, Fed continuously raising interest rates, % GDP growth sharply decreasing. Then you see, the scenario repeats like 2020, $BTC, S&P 500 hits ATH
In addition to the fact that macro does not reflect the price path, you see that the crowd in any market is easily led and going against the crowd is the way to survive and make money in the market. So, in the near future, the Fed will cut interest rates, organizations will start to lower the possibility and make comments that recession will not happen, so you should manage the risk for your portfolio well. Because good news for macro can be bad news for the market
