State of the Markets #213 Dominic Frisby - 2025 predictions and a little known 8 year market cycle
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Jan 27, 2025 Dominic Frisby, a comedian, author, and financial commentator known for his sharp market insights, shares his intriguing predictions for 2025. He discusses the volatility of markets influenced by political shifts and the intersection of free speech and social media. Frisby explores the future of work amid rising AI automation and delves into the complexities of cryptocurrencies. He also reflects on personal wellness journeys and the humorous side of crypto, ensuring a lively mix of finance and laughter.
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S&P 500 Outlook
- Dominic Frisby is bullish on the American economy but less so on the S&P 500.
- He cites rich valuations based on P/E, Buffett indicator, and price-to-sales ratios.
Market Correction and Politics
- Some believe a market correction would benefit Trump politically, allowing him to blame the previous administration.
- Dominic Frisby doesn't endorse this view but acknowledges it as an existing argument.
Cryptocurrency Advice
- Dominic Frisby recommends primarily owning Bitcoin and avoiding most altcoins.
- He acknowledges some make fortunes from altcoins but emphasizes the high risk.