
Mike McGlone|Apr 24, 2025 11:09
Last Chance to Sell the Fastest Horse?
Recovering to unchanged in 2025 as of April 23 was an accomplishment for Bitcoin vs. the S&P 500's almost 10% decline. Yet what some see as the fastest horse in the race may face deflation. Bloomberg Intelligence's and Economics' outlook is for about a 30% drawdown in the US stock market in the case of a recession.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sv7w28dwx2pt {BI COMD}
#commodities #gold #bitcoin #stockmarket @BBGIntelligence
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