Originally published at: Bank of America: Crypto Can Outperform Stocks Amid Potential Fed-Propelled Recession (cryptopotato) – We Never See Nothing
Bitcoin and other cryptocurrencies could outperform bonds and stocks amid a potential recession, noted Michael Hartnett, BofA’s chief investment strategist. In a recent note, he argued that the US Federal Reserve’s new policy could push the country and most of the world into such an economic state. Crypto to Blossom Amid Upcoming Recession? After years…