'Black Swan' Author Names AI 'Probably Best Investment' of Near Future

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Renowned market expert Nassim Taleb says that markets getting very fragile

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

The renowned “Black Swan” author believes that currently the markets are becoming very fragile. While gold is growing in price, Taleb said that he does not count on gold in this situation but he prefers to be focused on being “hedged against the eventual market collapse.”Legendary Trader Peter Brandt Weighs In on MicroStrategy's BTC-Fueled RallyThe markets currently are “more fragile than over the last twenty years,” he said, “if not thirty years.

As for the massive market drawdown this year, Taleb commented that such crashes come when people expect them the least and are overexposed to the market. “We are in a very similar environment we had in the previous collapses,” he added.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects.

Crypto Whale Tracker - How do traders make money analysing wallets? Find out at the ArbitrageScanner.io Event Forex Expo Dubai 2024 Breaks Records with 21,000+ Attendees, Setting New Standards in the Global Forex Industry

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in BUSİNESS

Business Business Latest News, Business Business Headlines