Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12837
Markets: 99741
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12837
Cryptocurrencies
60.66%
Bitcoin Share
The Daily Hodl 2025-02-14 18:31:36

Elon Musk’s DOGE May Be the ‘Most Bullish Thing That Could Happen’ To US Economy, According To Investment Bank Morgan Stanley – Here’s Why

Elon Musk’s DOGE May Be the ‘Most Bullish Thing That Could Happen’ To US Economy, According To Investment Bank Morgan Stanley – Here’s Why

US financial giant Morgan Stanley says the Department of Government Efficiency (DOGE) headed by Elon Musk is likely extremely bullish for the US economy. In a new interview on CNBC, Mike Wilson, Morgan Stanley’s chief investment officer and chief US equity strategist, says that the bank’s “bull case” for this year is that the US government shrinks, causing unemployment to go up, pushing the Fed into cutting rates and creating a “broadening out” of the economy. With DOGE already reportedly weeding out tens of billions of dollars worth of government waste, the CIO says that a more balanced federal budget could be the catalyst that boosts markets in 2025 – similar to President Clinton’s budget cuts of 1994 which preceded a parabolic advance in the stock market. “I think they’re working on it. Probably the most underestimated part of the administration is DOGE. I think there’s a lot of skepticism on this, but the reality is that’s is possibly the most bullish thing that could happen. If you could shrink the government in a way that’s constitutional… It’s the most exciting thing I’ve heard in a while. Remember, in the 1990s, we had this great bull market. The thing that really sparked it in my view, was the budget deal that happened in 1994. I’m not sure we can get to that kind of a balanced budget but if we can make progress on that, it liberates the private economy.” Wilson says there isn’t a specific dollar amount that needs to be cut, just a bare of minimum of slowing down expenditures. At time of writing, the US national debt is at $36.2 trillion , up nearly $2.1 trillion in the past year. Says Wilson, “We just need to freeze spending, we don’t really need to cut a lot of spending, we’re running so far above trend on actual expenditures, let’s just freeze it or at least slow it down. We’re growing at a much faster rate than the economy is growing. That’s the ‘crowding out feature,’ which by the way has kept rates higher than they probably would’ve been otherwise.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at 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 be advised 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 buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Elon Musk’s DOGE May Be the ‘Most Bullish Thing That Could Happen’ To US Economy, According To Investment Bank Morgan Stanley – Here’s Why appeared first on The Daily Hodl .

Most Read News



Cryptohopper
Market Cap
24h Vol
60.66%
Bitcoin Share
716
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.