Recession Cancelled? | Macro Monday With James Lavish, Dave Weisberger & Mike McGlone
The Wolf Of All Streets
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Bitcoin's Up and Everything Else Is Up
The trillion coin is going to be a theme on every single Monday that we do here as well. It'll be a change of silver until the debt ceiling gets raised for another two years and we'll go through this Kabuki theater again. My base case is at some point, Bitcoin's going to trade more like US treasuries, long bonds and gold. That's more likely happened to a recession. And I think that's what the institutional money manners and hedge funds and diamonds, family offices and pension funds are getting. They're all getting that don't want to miss out too much in this asset class.
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