Summary of Stocks, Bitcoin will erase all gains since 2020 by year-end - Gareth Soloway

00:00:00 - 00:30:00

In this video, Gareth Soloway discusses his predictions for the stock market and Bitcoin in 2020. He believes that the stock market will decline by at least 7-8%, with Bitcoin doing even worse. He recommends dollar cost averaging into the lower range to build a core position, and advises investors to watch for signs of a Fed pivot in order to make the most informed decisions.

• 00:00:00 Stocks fell today, with the S&P 500 Index falling 2.2% as of noon Eastern Time. Bitcoin is down between two and four percent, and Ethereum is down 6.645%. The Federal Reserve is raising interest rates, Putin has escalated the war in Ukraine, and the CPI came in harder than expected. This bear market is the Catalyst for a 12-13,000 drop in Bitcoin and Ethereum's target prices.
• 00:05:00 In this YouTube video, financial analyst Gareth Soloway discusses how he thinks the stock market will fall by the end of 2020, and why the Federal Reserve's recent rate hikes are a cause for concern. He also comments on the recent spike in the 10-year yield, and the implications it may have for the economy.
• 00:10:00 The author of the video is skeptical about whether wages will remain sticky during a recession or weakening labor market, and believes that inflation will not drop to 2% until 2020.
• 00:15:00 Gareth Soloway predicts that the stock market will drop by at least 7-8% from its current levels, and that inflation will reach 5% by the end of the year. He also predicts that the Federal Reserve will begin to reduce its balance sheet in 2021, leading to a drop in stock prices.
• 00:20:00 The video discusses how the stock market will likely decline in 2020, with Bitcoin doing worse than any other asset. The author recommends dollar cost averaging into the lower range to build a core position.
• 00:25:00 The video's narrator discusses the current market conditions and how they could lead to a positive or negative outcome for Bitcoin and other risky assets. He advises a friend to wait until the Federal Reserve stops raising interest rates before investing in Bitcoin, and advises investors to watch for signs of a Fed pivot in order to make the most informed decisions. He also notes that silver has had a good year despite the overall market decline, and that investors should be optimistic about the economy's potential for recovery.
• 00:30:00 The author of the video discusses the stock market and how bitcoin will erase all gains since 2020 by year-end. He also discusses his verified education series, which is designed to help people become financially independent.