Stock market crash: Why Bitcoin's surge risks meltdown, says Albert Edwards - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

A Wall Street strategist breaks down why bitcoin's latest surge past $18,000 is sniffing out a major downward spiral in the stock market's hottest trade

And who could blame the unbelievers? After all, the longest expansionary cycle in history and trillions worth of monetary stimulus had failed to meaningfully move the needle on inflation.

But Albert Edwards, a global strategist and economist at Societe Generale, is not taking any comfort in Wall Street's views on inflation. He is instead reiterating his long-held thesis that aAt its worst, deflation is a self-reinforcing cycle: lower consumption during an economic slump prompts businesses to cut their investments, which then raises unemployment and limits spending all over again. And — you guessed it — it's not good news for stocks.

For one, long-forsaken value stocks are on pace for their best month relative to growth stocks in 12 years, according to data compiled by Ally Financial. That's one trade that could reverse at short notice.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

What’s up will go down! This apple is too ripe and soon drop down to $7,000!

good

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Inside one of the biggest US bank deals since the financial crisis - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Inside BuzzFeed and HuffPost's acquisition: 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Inside BuzzFeed and HuffPost's tie-up - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Inside the Amex virtual mentorship program helping low-income students - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Great initiative!!!
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Inside high-end custom pianos with Steinway & Sons CEO, Lenny Kravitz - Business InsiderInside the highest end of high-end pianos, with classic brand Steinway & Sons and its newest collaborator, Lenny Kravitz wow
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Webinar: Inside private-equity recruiting at Carlyle, Apollo, Bain - Business InsiderJoin us on Thursday, December 3, at 1 p.m. ET, as Business Insider's Wall Street reporter reedalexander moderates a panel featuring four experienced recruiters from top private-equity firms. They'll share tips on how to make it in the industry and more.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »