it's NOT yet the top of the cycle for equities, cryptocurrencies and other risk assets. here’s why

it's NOT yet the top of the cycle for equities, cryptocurrencies and other risk assets. here’s why

1️⃣ US Treasury is issuing more debt

2️⃣ in the next months I expect the Fed to cut rates and/or introduce some form of QE

3️⃣ weaker USD means more cross-border USD credit