Prediction evidence

Ryan Rasmussen says September volatility and media-driven fear are a gift for long-term investors "The fear and short-term volatility that the financial media, and media more broadly, loves to inject into markets is a gift for long-term investors." "Rates at some point are coming down. Whether that's this week, which is not gonna happen, but whether it's later this year, next year, we're gonna see rate cuts eventually, because the economists, the folks in charge, they don't wanna see rates elevated. And you have this massive AI productivity boom that is going to happen." "September is just historically a crappy month, and the financial advisers that we speak to and the investment committees are well aware of this. They are sitting with cash on the sidelines, because they knew this FOMC meeting was coming, the middle of September." "So I think any dip gets bought here on a lack of rate hikes, which is my kind of base case." "And the crypto market will have some idiosyncratic shock related to the Clarity Act today. But I don't think that has a long-term impact on where crypto is headed." "What we haven't talked about, while there's been so much focus on Clarity, is all these other tailwinds that push crypto higher, and all these different megatrends that are continuing to build momentum over the long term. And so I sit and look at these dips and these pullbacks as a massive gift for the long-term-oriented investor."