Hey there, how are you guys doing? Every time when there is chaos in the market, we get confused where we stand in the market. So today’ we will include the overall global market situation and according to that you can plan your investing strategy.
The S&P 500 and Nasdaq are both in the red. Investors are pulling back, risk appetite is low, and cash is tight. But when fear peaks, that’s often when the best deals show up. The smart money knows to start looking when everyone else is panicking. As Warren says, “Be fearful when others are greedy, be greedy when others are fearful”.
Bitcoin’s price is down since it created all time high, but comparatively it’s still holding strong if we look at the other markets. Looking at the volatile nature of Bitcoin, it’s 20% down.
The 10-year Treasury yield is climbing fast. Normally, that pulls money away from risky assets like crypto. But here’s the twist: if the economy slows down too much, the Fed might be forced to cut rates again. And if that happens? Risk assets — including crypto — could rip higher.
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