According to @charliebilello, US stocks, home prices, and gold are at all-time highs, money supply and national debt are also at record levels, CPI inflation has averaged 4% per year since January 2020 (double the Fed’s 2% target), and he states the Fed is set to cut rates again next week (source: Charlie Bilello on X, Dec 5, 2025). This macro mix of record asset prices, elevated inflation, and anticipated policy easing is a trading-relevant backdrop that can influence risk positioning across equities, gold, and digital assets such as BTC and ETH (source: Charlie Bilello on X, Dec 5, 2025).

According to Charlie Bilello, a 5% S&P 500 pullback set the plunge protection team in motion, underscoring a market addicted to easy money (Source: Charlie Bilello, X, Nov 21, 2025). He adds that with inflation averaging roughly 4% per year over the last five years, the Federal Reserve should be hiking rates instead of cutting and has lost credibility, framing policy as too accommodative for current price trends (Source: Charlie Bilello, X, Nov 21, 2025). For trading, Bilello’s stance signals that shallow equity drawdowns may coincide with easier policy expectations, a setup that traders often watch for liquidity-sensitive moves in BTC and ETH alongside real-yield and rate-cut headlines (Source: analysis based on Charlie Bilello, X, Nov 21, 2025).