A friend just asked me: “Capital Economics warns that signs of a late-stage US stock market cycle are increasing; a correction may continue over the coming year, while US Treasury yields fall in tandem.” Is this bullish or bearish?
My answer: It depends on the direction. Rising Treasury yields aren’t very favorable; falling yields are. Don’t just look at the headline.
$BTC What do you think?
My answer: It depends on the direction. Rising Treasury yields aren’t very favorable; falling yields are. Don’t just look at the headline.
$BTC What do you think?