You are viewing a single comment's thread from:

RE: Why I’m bullish on Bitcoin in the current uncertain stock market

in #bitcoin5 years ago

What do you think the inversion tells us? For about the past year short term (1 month) bond interest rates have been slightly higher than 10 year bond interest rates. This has happened months to years before all recent recessions, so economists are predicting a recession soon.

Proud member of #powerhousecreatives

Sort:  

Yes I wrote about that a while back, the inversion was the canary in the coal mine, suggesting that we had a year or something like that until the next coming recession. I forget the exact time frame but we are apparently due a stock market and economic recession, while at the same time ideally bitcoin will keep climbing.

Coin Marketplace

STEEM 0.19
TRX 0.13
JST 0.029
BTC 57886.34
ETH 3104.72
USDT 1.00
SBD 2.54