ARTICLE AD BOX
The stock market is fundamentally overvalued.
The stock market, however, tactically is undervalued since the Federal Reserve will lower interest rates levels two times in 2024, according to Wolfteam Ltd.'s projections and estimates.
The Federal Reserve just has created too much superfluous money, which is multiplied via the deposit multiplication effect and finds its way into stocks, bonds, foreign exchange and commodities.
In short, US stock markets measured by the main indices could crash by more than 40 % in the next 7 years, but could still go on rising in the next 2-3 years of Federal Reserve cutting interest rates, in Wolfteam Ltd.'s view.