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/biz/ - Business & Finance

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>> No.18485418 [View]
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18485418

crypto is a meme going around the finance community right now. might just be larps on here and tradingview but I see it in the news too. Some of the contrarians on /biz/ think it's over but IMO it's just getting started.
Silver has a lot of guys on CNBC recommending it too. Whatever the case, it seems a lot of people working in finance are spooked and are certain that their asset class or way of thinking is the way to beat whatever downturn scenario they are predicting.

I haven't seen a single recommendation about going back into stocks - most are spooked and worried about a further downturn and eventual stagnation - the US stock market turning into the Nikkei and crabbing for 20 years. Buffett's normally the buy the blood on the streets kind of guy and nothing's been released yet on how he's playing the downturn.

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