Real Vision founder: U.S. national debt is overvalued, CPI will turn negative

Original author: Raoul Pal, Founder and CEO of Real Vision

Original compilation: 0x9F, BlockBeats

< p>This article is based on the views of Real Vision founder and CEO Raoul Pal on his personal social media platform, which is translated by BlockBeats as follows:

If the U.S. dollar index continues to rise, things will be really bad. It is already a parabolic pattern.

< p>If the price breaks this weak trendline, a move to 120 is definitely out of the question.

< p> And the trend deviation also shows that it can reach 120.

< p>This is not a good thing for crude oil. It is overvalued by $60 compared to ADXY (Asian Currency Index).

< p> But that could lead to a bad week for risk assets. I don't think stocks and cryptocurrencies will make new lows, but I'm not sure.

Personally, I think weak economic data this week will save us.

< p>If the bond market turns, everything will eventually turn. Compared to the business cycle, U.S. Treasuries are at the most overvalued market in history. When the ISM index reaches 40 early next year, the fair value of U.S. Treasuries will only be 1.5% to 1% of today's value or even lower.

< p>CPI (Consumer Price Index) won't stay high anymore, I think it will go negative.

< p>

Good luck, things are going to get tough.

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