Bitcoin to crash to $26k as the Fed makes a disastrous mistake – Alfonso Peccatiello
The Fed is tightening into an already slowing economic, and the implications are disastrous for risk assets, said Alfonso Peccatiello, author of The Macro Compass.
Peccatiello spoke with David Lin, Kitco News anchor, about his outlook on the economy, Bitcoin and stocks as well as gold.
Follow David Lin on Twitter at @davidlin_TVFollow Kitco News Twitter: @KitcoNewsNOW )
Follow Alfonso Peccatiello via Twitter: @MacroAlf )
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0: 00 – The Fed’s mistake
7: 38 – Demographics trends
13: 44 – Real interest rate/inflation
20: 51 – Indicators for economic slowdown
26: 10 – Gold
27: 20 – Bitcoin
28: 18 – Stocks
#Bitcoin #economy #stocks
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I’m a journalist who specializes in investigative reporting and writing. I have written for the New York Times and other publications.