In an appearance on the network’s Fast Money segment on Monday. Over in the commercial real estate sector, Morgan Stanley Wealth Management's chief investment officer expects prices to plunge as much as 40% from their peak in a worse crash than the 2008 financial crisis. Bitcoin (BTC) could drop to 29,000 and still be testing current support in line with past dips, claims CNBC’s Chartmaster. 7.9K views, 49 likes, 2 loves, 21 comments, 53 shares, Facebook Watch Videos from CNBC: The FBI is warning of an imminent cybercrime threat to U.S. Commercial real estate: prices could plunge 40% from their peak "The crypto apocalypse is coming!" Roubini said, referring the reports the the SEC is seeking additional funding to police misconduct in the crypto industry. According to Vays’ technical analysis, a bearish signal on the momentum reversal indicator (MRI) indicates an imminent drop in the value of the world’s largest cryptocurrency. "Finally the SEC will have the to go after all the other crypto - and other - crooks," he wrote. Renowned trading expert, Tone Vays, has issued a warning to his followers regarding an impending market shift. The famed economist said a "crypto apocalypse" is coming as the SEC cracks down on the digital asset space with stricter regulation. Doom" economist Nouriel Roubini isn't hopeful about the crypto industry. Market bull Tom Lee of Fundstrat has predicted stocks will climb 20% this year, as historically, down years have more often been followed by a strong rebound than a flat performance.Ĭrypto: an 'apocalypse' is coming for digital assets
However, the bears aren't the only ones turning heads with their eccentric forecasts. While the pair expect stocks to crash as much as 30%, McDonald said the plunge could happen over the next two months as higher interest rates choke demand. Market experts Stephanie Pomboy and Larry McDonald echoed Grantham's view – but with a less bearish prediction. Grantham said the prices of stocks, bonds, real estate, fine art, and other investments surged to unsustainable highs during the COVID-19 pandemic. The market historian has forecasted the S&P 500 could tank as much as 50% this year to about 2,000, as an "everything bubble" bursts. Legendary investor Jeremy Grantham has topped the board for an extreme prediction about US stocks. As every other analyst and expert, Brian Kelly too believes that Bitcoins connection with that of Nasdaq is almost near 60 whereas Ethereums is 70 seen. Here are the 10 wildest predictions about stocks, crypto, commercial real estate and the US economy over the past quarter from leading market commentators: Stocks: US equities could crash 50% - or surge 20%
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