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The bank says it is skeptical of both arguments. Instead of new capital entering the crypto sector, it is more likely that existing capital will move from current bitcoin products such as the Grayscale Bitcoin Trust (GBTC), bitcoin futures ETFs and listed mining companies, into the newly approved spot ETFS. Original
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The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell crypto, and steer clear of bitcoin. “The Federal Reserve is overestimating the strength of the U.S. economy as it feels guilty about the fact that inflation went up under their
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Jeffrey Gundlach says the stock market is pricing in a Bernie Sanders presidency, hence the rout. He claims that the underperforming healthcare sector indicates that coronavirus is not the catalyst of the stock market crash. Coronavirus is causing serious supply chain disruptions and may be the real reason why
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