Sell crypto with both hands

Wednesday 13 November 2024

This is funny from The Market Ear

Buy everything you can

That is Bernstein’s take on crypto. They write: “…add crypto exposure asap, Call us if you need help”. If you had regulatory concerns, the investment bank urges you to “invert your mental mind”. They see BTC at $200k by year end 2025.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.