Anthony Scaramucci, CEO of SkyBridge Capital, said the Fed will pause its effort to raise interest rates before reaching the 2 percent inflation target. This break will also lead to a rally in risk assets, according to Scaramucci.
The famous investor, who stated that he believes the Fed will declare victory in 4 to 5 percent inflation, said in an interview, “If I am right, there will be a strong rise in the market. A large number of crypto shorts will be quickly closed and risky assets will be reborn.” said.
“I’m not going to back down just because Sam cheated on me”
Before FTX went bankrupt, SkyBridge had a $45 million financial relationship with the stock market. From this cash flow, Scaramucci said SkyBridge bought FTX’s token for $10 million from FTT and sold it at a loss of $9.6 million.
Stating that he spoke without hesitation, Scaramucci said, “I think it is important for people who believe in capitalism and take risks to understand what it is. I won’t be a risk-averse person just because I got scammed by Sam.” used the phrases.
Scaramucci evaluated the “pervasive pessimism” about Bitcoin, expressed by world leaders at the last World Economic Forum in Davos, as “extremely positive”.
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