If you were unlucky enough to start buying Bitcoin at $20,000 back in 2017 & continued to buy the same dollar amount every two weeks your portfolio would be up 45.3% even though Bitcoin is down 50.7%
#bitcoin#cryptocurrency#ethereum#litecoin#eos#crypto#bnb#stockmarket
Amazing the difference a day can make:
Dow almost 1,000 points and could erase all of yesterday's gain.
Reasons:
Worsening economic/corporate outlook and direct evidence of the risk of ineffective #CentralBanks' policies.
Together they seriously pressure the BTD/FOMO conditioning
REMINDER: The Federal Reserve just publicly tried to manipulate the public markets.
If you did that, you would go to jail.
If they do it, they get rich.
This morning on a radio talk show they had a stock market “expert” on and he called yesterday’s 1,300 point move in the Dow a dead cat bounce as well as a V shaped recovery. These are completely two different things, unfortunately the “expert” is listened to by millions
#stocks
The extra yield for downgrading from BBB corporates to BB corporates got insanely narrow in December. The spread has widened 70bp since then, a big crack in risk asset confidence.
Thanks @lisaabramowicz1
Another indication of
elevated asset prices increasingly decoupled from weakening fundamentals and
ample/predictable central bank liquidity inadvertently encouraging excessive risk...which raise corporate incentives to over-borrow/over-financial engineer.