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Wednesday, 3 October 2018

Gregory Mannarino: Trader Says There Are No Free Markets


Market trader Gregory Mannarino says that central banks controlling interest rates has cause all markets to be artificial. Mannarino predicts the Fed will raise rates a quarter percent. 

This rate hike has already been priced into the market, he says. The Dow recently made an all time high. 

Is the stock market going even higher? "Yes, because there's no where else for people to go." But this rise will not last forever, Gregory Mannarino says. 

What about Bitcoin? Mannarino likes the idea of a decentralized currency, but he says he no longer can value Bitcoin.

- Source, Silver Doctors