Loading ...I think Bitcoin is going to be a distraction because it’s going to look like a safe haven to other currency’s and maybe stocks down the road maybe GS safe haven too.
Remember or did you notice when interest rates fell so low money moved from interest baring accounts like CDs to stocks that paid more dividends than interest. It drove the stocks up. If they keep taking interest rates higher than dividends and no growth stocks with a recession I’m guessing it will pull money out of stocks to interest baring accounts putting more downward pressure on stocks.
So when is it safe to get back in the water? Only the Fed knows.
Maya
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