#Jerome Powell’s ‘taper’ chase may cost him his job

#Jerome Powell’s ‘taper’ chase may cost him his job

“#Jerome Powell’s ‘taper’ chase may cost him his job” Jerome Powell should be a layup for a second term as Federal Reserve chair, and yet he’s not.  The problem stems from Powell’s plans to begin “tapering,” or ending the Fed’s massive printing of money through asset purchases in the bond market. That’s leaving him vulnerable…

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# Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts

# Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts

“# Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts ” What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence’s Mike McGlone, a merged exposure of Bitcoin (BTC), gold, and government bonds. The senior commodity strategist, who sees BTC heading to $100,000, pitted derivatives in a new report representing the…

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# Bloomberg strategist explains why 30-year US bonds have ‘bullish implications’ for Bitcoin

# Bloomberg strategist explains why 30-year US bonds have ‘bullish implications’ for Bitcoin

“# Bloomberg strategist explains why 30-year US bonds have ‘bullish implications’ for Bitcoin ” Despite Bitcoin (BTC) slipping back below $50,000, more and more investors are likely to move their capital into Bitcoin and gold markets in the second half of 2021 (H2), asserted to Mike McGlone on Aug. 23, the senior commodity strategist at Bloomberg…

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