ilmscore | The Wealth Transfer Just Started | How To Prepare

The Wealth Transfer Just Started | How To Prepare

Published: 2022-07-11
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
Economists predict the upcoming CPI report for June will show inflation at approximately 8.8%, an increase from May's 8.6%.
"the next time we get an inflation report which remember is measured by something called the cpi the consumer price index which you can find on the bls.gov website is actually going to come out this week on wednesday and when it does economists are telling us that inflation is not going to slow down and it's going to be even worse for example the last cpi report we got was for may and that cpi report was at 8.6 inflation now this wednesday our next cpi report will be for the month of june and economists are predicting that that cpi report will be closer to 8.8"
Inflation
Pending
The market is predicted to be green on Wednesday if the CPI report is 8.6% or lower, and red if it's higher than 8.6%.
"i will make a bet for this week if on wednesday when we get the cpi report if it comes in at 8.6 percent i think the market will end up green on wednesday that's because it's going to give investors hope that maybe we've seen the worst of inflation right now it's going to come back down now if the cpi report comes in lower than 8.6 the market on wednesday will end up even more green because it's going to give investors even more hope that we've seen the worst of it but if the cpi inflation data comes in higher than 8.6 like economists expect for it to i think the market on wednesday will end up in the red"
Stock Market Prediction (Wednesday)
Pending
The stock market is predicted to be up on the day the Federal Reserve increases the federal fund rate by 0.75% or more, which has a 96.3% probability.
"if the central bank increases the federal fund rate by 0.75 or more which the stock market placed the odds at 96.3 chance of happening that's when that day i think the market will be up"
Federal Fund Rate Increase
Pending
Following the release of Mount Gox bitcoins, the price of Bitcoin could potentially drop from $20,000 to a low of around $10,000.
"the theoretical price drop will probably be from today's current market value of 20 000 back down to a low of potentially in the 10 000 range"
Bitcoin Price Prediction (Mount Gox Release)
Pending
The speaker believes Bitcoin will not fall as drastically as predicted because long-term holders know not to sell at low prices, and many creditors have already sold their rights to settlements to investment groups, suggesting the bitcoins may not be immediately dumped onto the market.
"i don't think bitcoin will fall that far and the reason is because number one the people that have held their coins since 2014 and mount gox have probably been following bitcoin's boom and bust cycles so they know that it doesn't make sense to sell bitcoin now when the price is so low they would rather wait but arguably the second and more important reason is because these creditors which are these people that are expecting their bitcoin have already sold off their rights to their settlements to companies like fortress investment group"
Bitcoin Price Prediction (Creditor Behavior)
Pending
There is a solid chance Bitcoin's value could fall substantially by August due to the Mount Gox release.
"by august there's a solid chance that bitcoin could fall substantially in value"
Bitcoin Price Impact
Pending