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BTC091 (Part 1): Bitcoin Mastermind Group 3Q 2022 w / Jay Gould, Jeff Ross, and Joe Carlasare
We Study Billionaires - The Investor’s Podcast Network
Are We Going to Have a Recession?
Preston: margin debt as a percentage of the S&P market cap is at an all-time low. He says it means people are scared and that usually sows seeds for next bull run. But he still thinks we're going to have a pretty serious drawdown before that's over. Preston: Risk assets like Bitcoin tend to react very poorly during recessionary conditions.
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