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Bitcoin is not a currency, nor is it even an asset.... at some point it will go to zero or close to it. The Achilles heel for Bitcoin is the environmental problem.
The pullback is most prominent in the tech sector. Investors are grappling with what the effects of rising rates and inflation will have on these companies. This is nothing new.
Looking forward the next few months, we are starting to see more positive signs. The data coming out is signaling that the economy has a foothold.
Lori Calvasina, RBC Capital Markets’ Head of U.S. Equity Strategy has a 10 Minute discussion regarding her concerns with the disconnect between the current market.
We're hearing two common questions: When will the markets pull out of this stage, and what will the markets and economy look like on the other side.
Jim Allworth Discusses the transition from Lockdown to Reopening
The Corona Virus outbreak in China is alarming. Rather than attempting to pinpoint the likely extent of the virus, we'll take a look at historical data to establish some reference points for how markets might react.
Economic outlook: though we expect markets to rise, we are also more cautious than at any time in the past decade.
Though indications are that the market will continue to rise, the economy is slowing and it would be prudent as investors to be cautious. There is now a greater chance that a shock, could hasten the drop and push us into recession
