The US-Iran conflict will bring back the glory days of VTS!
Hayes believes escalation in the Middle East could trigger a new rally.
After every major US military campaign in the Middle East, the Fed has eased policy. Gulf War (1990), Afghanistan/Iraq (2001), Obama's "surge" (2008)—each time, the Fed either cut rates or fired up the printing press.
Now Trump is entangled with Iran. If this conflict drags on, government spending will skyrocket. The Fed will again have to choose between its inflation mantras and funding the state. History shows the latter usually wins.
Cheap money = risk assets go up. Bitcoin, stocks, alts—everything rallies when the Fed floods the market with liquidity. War sets the stage for the printing press, and the printing press sets the stage for a new ATH.
We just have to survive to see it...
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