Economist Henrik Zeberg issues dire warning, says Fed can’t stop Great Recession in late 2024 – Daily Hodl

A closely watched economist is warning that a major economic event last seen nearly a century ago is likely to rear its ugly head in 2025.

Henrik Zeberg tells his 140,700 followers on social media platform X that he sees risk assets such as stocks and cryptocurrencies going higher in the coming months.

However, the economist predicts that the bullish conditions will suddenly subside towards the end of the year, just as market participants become extremely abundant.

“You may not like it. You may not understand.

But the bull market has an end date – this year! An inflatable ball!

First US markets to break out higher. Crypto and small caps will grow as we see a rotation from large caps and foreign (non-US) markets.

Everyone will become euphoric and believe again that the Fed will have our backs.

But a major recession will begin at the end of the year.”

According to Zeberg, the Fed will try to support the economy by printing money to stimulate growth. But he says the Fed’s actions will only delay an economic collapse that will eventually cause stagflation — a period of slow economic growth with rising unemployment and high inflation.

“The Fed will step in – yes – but it will only create a rebound in the markets, as they come in with monetary stimulus when recession and deflation are staring them in the face.

They will make up for stagflation!

The aftermath: the biggest recession and gold market since 1929 in two phases. First deflation, then inflation, later stagflation.”

In January 2023, Zeberg predicted that the stock market would reach record highs before witnessing a sudden crash. At the time, the S&P 500 was trading at around 4,000 points and Bitcoin was worth close to $20,000.

At the time of writing, the S&P 500 stands at 5,321 points and BTC is trading at $70,150.

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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, nor is The Daily Hodl an investment advisor. Please note that Daily Hodl participates in affiliate marketing.

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