Up and down. Repeat.
Will be mostly down in 2023. According to what i read frlm Ing. “Our outlook for 2023: receding demand meets over-supply. With recessionary scenarios running high, we don't expect world trade to exceed 2% next year and are pencilling in a subdued growth rate of 1.2% for global goods trade. This falls behind expected GDP growth.”
And not forgetting it will be coldest winter in crypto markets as well. Also dont expect too much transparency about losses from soveriegn funds throughout the world….
But i expect inflation to ease after hyperinflation flatten out with a milder recession than expected.
What do you think then? Let me know in the comments.
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