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Economist Henrik Zeberg Says ‘Everything Bubble’ About To Grow Bigger – Here’s Why

Economist Henrik Zeberg Says ‘Everything Bubble’ About To Grow Bigger – Here’s Why WikiBit 2024-06-12 20:27

Macro strategist Henrik Zeberg thinks the economy is currently in the midst of an “everything bubble” that’s primed to get even bigger. The economist

Finance

Economist Henrik Zeberg Says ‘Everything Bubble’ About To Grow Bigger – Heres Why

Macro strategist Henrik Zeberg thinks the economy is currently in the midst of an “everything bubble” thats primed to get even bigger.

The economist tells his 143,400 followers on the social media platform X that the current bubble‘s blow-off top isn’t finished.

Source: Henrik Zeberg

Private markets have witnessed a “remarkable” period of growth for more than a decade, surging from $9.7 trillion in assets under management (AUM) in 2012 to an estimated $24.4 trillion AUM by the end of last year, according to analysis from Big Four accounting firm Ernst & Young (EY).

Earlier this week, Zeberg said central banks like the Federal Reserve in the US and the European Central Bank (ECB) tend to cut rates shortly before a recession.

Source: Henrik Zeberg

The Federal Reserve will likely issue its next statement on the Federal Funds Rate at the June 12th Federal Open Market Committee (FOMC) meeting. The central bank is expected to keep rates the same.

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