Opinion: The rise of cryptocurrencies enhances consumers' balance sheets

History may be about to repeat itself, as well-known "seer" Felix Zulauf, head of the Swiss consulting firm Zulauf, lays out his typically harsh Swiss perspective on global markets, always a useful addition to the inevitably optimistic speculation of most Wall Street prophets.
For now, Zulauf believes the market will continue to rise, acknowledging the much-publicized technical negatives in the stock market - for example, extreme optimism that investors have sold out and there are few new buyers. Meanwhile, market winners continue to be concentrated in big tech companies, and a worsening market width is also a warning sign. But he believes the positive liquidity trend should continue to push prices higher.