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Raoul Pal: “I’m 70% Sure We Hit The Bottom”
In an interview with Arca Finance, Macro Investor and CEO of Real Vision Raoul Pal gave his take on what he sees coming for both the macro market and the crypto market both of which, in Raoul’s view, tell a different story. In the macro world, Raoul sees a slide coming into March of 2023. Just recently, The Consumer Price Index climbed 8.5 percent in the year through July, a slower pace than economists had expected and considerably less than the 9.1 percent increase in the year through June. After food and fuel costs are stripped out to better understand underlying cost pressures, prices climbed 5.9 percent, matching the previous reading. Many economists believe Gas will go to $200 per barrel, which Raoul doesn’t see coming but he does see an inverse in the crypto market. Raoul believes the slide in the macro economy will lead to a bull run in the crypto markets, for a few reasons.
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THIS INTERVIEW WAS POSTED ON AUGUST 8, 2022
Watch the full unedited interview here ⬇ [Credits] 🙏
https://www.youtube.com/watch?v=K8_3uGo_nI4
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🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound
🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
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