Rates went up like an escalator and are going to go down like an elevator, notes Anthony Scaramucci. He recaps the Fed, highlighting that they are data dependent and lagging. He questions if we could see 150 points next year. He also discusses what a pivot means for crypto. He looks at if crypto is an underpriced asset. He then goes over how once regulations are sorted and Bitcoin ETFs come out, Bitcoin could rise just like gold. Tune in to find out more about the stock market today.
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