Prediction Partly held up
Yanowitz: Stock markets are 100% going to tank again
“Stocks are going to tank again 100%.”
Prediction Not checkable as stated
Yanowitz: China emerges as the geopolitical winner from the COVID-19 pandemic
“China wins.
And that this was not like, this wasn't the case after nine, 11 in the financial crisis.
Like after both of those, the U S stepped up, right?
The U S like had everyone else's back, but this is
A, like we're just feeling it's very de-globalized bec…”
Prediction Not checkable as stated
Yanowitz: November 2020 US presidential election could be delayed
“I do wonder if we will have an election in November. I'll say that. I don't know. I w I don't think it's crazy to think that we won't have, what happens is you delay, quote unquote, you delay the election in November.”
Prediction Not checkable as stated
Yanowitz: Fed stimulus cannot drive GDP growth during pandemic lockdowns
“In the 2008, 2009, the pumping money into the economy that actually worked really well. Right. And we got out of that recession. Why? Because it was a financial crisis. So people didn't have enough money. You print more money, you give them more money. They go…”
Prediction Not checkable as stated
Yanowitz: Institutional investors will allocate 1% to 2% to Bitcoin as a hedge
“What you're going to have is you're going to say, you're going to have these folks saying,
I need to hedge against the, I need to hedge against our current system because we are in a system that they see completely falling apart.
And so they need to, what they…”
Prediction Held up
Yanowitz: Bitcoin will reach $20,000 to $100,000 within two years
“My price target for the next two years at a minimum is 20,000 dollars. That's at the low end. At the high end, that's a 100,000 dollars.”
Opinion
Yanowitz: COVID-19 is the greatest financial crisis since the Great Depression
“This is the greatest financial crisis that we've seen since the great depression.”
Prediction Partly held up
Yanowitz: Federal Reserve balance sheet will reach $10 trillion
“I think we're, we'll be at 10 trillion dollars right on the feds balance sheet, which is basically the amount of money that's in the economy right now.”
Prediction Held up
Yanowitz: Stimulus will cause equities, Bitcoin, and gold to rip
“When you get a ton of like stimulus, well, the equity market's going to pump. It's not just, I, you know, I think Bitcoin's going to go up. I think gold's going to go up, but I think the equity market's going to absolutely rip.”
Assertion Supported
Schwab report: Grayscale Bitcoin Trust is a top five millennial holding
“Charles Schwab put out an interesting report. It was like, it showed the baby boomers, their top 10 holdings, Gen X, their top 10 holdings and millennials, their top 10 holdings. Well in the top 10 holdings for all three of those classes, you had Amazon, you h…”
Assertion Partly supported
Yanowitz: Pre-COVID corporate economy ran at record 3.5x leverage
“You had an economy that was running it Three and a half times leverage, most leverage in history.”
Assertion Partly supported
Yanowitz: US stock market doubled despite flat corporate profits
“You had pre-tax corporate profits in the U S hadn't grown in like five, six, seven years. Right. But the market had doubled, right. Because of corporate buyback.”
Assertion Supported
Yanowitz: US saw more unemployment in three weeks than during 2008 crisis
“Sixteen million unemployed in three weeks. That's more than we're unemployed in the global financial crisis.”
Assertion Contradicted
Yanowitz: One-third of US apartment renters did not pay March 2020 rent
“33% of US apartment renters didn't pay
Their April rent, or excuse me, didn't pay their March rent, right?”
Insight
Yanowitz: The Fed is not built to distribute money directly to small businesses
“The Fed, like when the Fed does these buyback programs and you know, gives money to the banks and things like that, or excuse me, tries to give money to small businesses.
They're not set up to give money to individuals and small businesses.”
Prediction Not checkable as stated
Yanowitz: Generational wealth transfer of trillions will heavily benefit Bitcoin
“Plus you've got a massive transference of wealth of trillions of dollars going from old folks to millennials.
And we know one thing, which is millennials love Bitcoin.”
Prediction Not checkable as stated
Yanowitz: Bitcoin will double if $400M monthly inflow continues post-halving
“If the, what if four hundred million continues to pump into the system, then should double the price.”
Assertion Supported
Yanowitz: US mortgage delay requests surged up to 1,900% in March 2020
“Request to delay mortgage payments grew by 1300% between the mark, the week of March second and the week of March 16th and another 1900% in the set in the latter two weeks of March.”
Assertion Supported
Yanowitz: May 2020 halving cuts daily Bitcoin supply from 1,800 to 900
“So what's about to happen in 30 days is the Bitcoin halvening will programmatically cut the daily incoming supply of Bitcoin from 1800 To 900.”
