Don't fall for the latest bear trap, the US Dollar Index is just warming up. Don't get suckered back into the final dead cat bounce of the NASDAQ, S&P 500, risk-on stocks, index funds, crypto and any other junk asset NOT part of the greenback! I predict that the US Dollar will easily reach 165 by July 1, 2022, coinciding my prediction of the entire crypto market reaching zero and most non-blue chip stocks crashing to worthless. Long term I expect the DXY to reach well above 250 by Q1 of 2025 and shattering all records held.
And you may ask why am I such a bullish moon boy on US dollar. Well, the answer is pretty simple: Feds remaining hawkish indefinitely + quantative tightening (possibly the entire 9T balance sheet) + Interest rate hike (Possibly by 100-200 basis points per month for the next 2 years) + more geopolitical uncertainties = USD becoming the only hedge for inflation, and a true deflationary asset with plenty of use cases!
And you may ask why am I such a bullish moon boy on US dollar. Well, the answer is pretty simple: Feds remaining hawkish indefinitely + quantative tightening (possibly the entire 9T balance sheet) + Interest rate hike (Possibly by 100-200 basis points per month for the next 2 years) + more geopolitical uncertainties = USD becoming the only hedge for inflation, and a true deflationary asset with plenty of use cases!