Economist Forecasts Significant Shift in 2025
An economist renowned for his predictions has issued a stark warning of an impending economic event not seen in nearly a century, set to occur in 2025.
Henrik Zeberg anticipates a continued surge in risk-on assets such as stocks and cryptocurrencies in the coming months. However, he foresees a sudden downturn toward the end of the year, coinciding with a peak in market enthusiasm.
Zeberg warns of an imminent “blow-off top,” indicating a temporary market peak characterized by widespread euphoria. He predicts a shift from larger assets to smaller ones like cryptocurrencies and small-cap stocks, followed by a significant recession by year’s end.
The economist suggests that attempts by the Federal Reserve to stimulate growth through monetary policy will only delay the inevitable economic downturn, leading to stagflation – a combination of stagnant economic growth, rising unemployment, and inflation.
READ MORE: Deutsche Bank Raises S&P 500 Forecast for 2024
Notably, Zeberg’s past predictions in January 2023 gained attention for accurately forecasting record highs in the stock market followed by a sudden crash, indicating a track record worth considering.
Currently, the S&P 500 index and Bitcoin are trading at elevated levels, reflecting the ongoing upward momentum that Zeberg had previously identified.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
