If you zoom away from the day to day movements of the major asset classes you can see the big trend. That trend is tying together Bitcoin, gold and the leading companies that weigh so much in the stock market. And it is dragging everything else that goes downstream. This is the big picture we ought to focus on. The Ecoinometrics newsletter gives you insights from crypto and macro data to help you make better investment decisions. We spend hours every day gathering data, creating metrics and bringing them to life with data visualizations that allow you to quickly get to the heart of things. We then distill all that knowledge in each issue of the newsletter with less words and more charts so that you get insights, direct to the point, in five minutes or less. Join more than 23,000 investors here: Done? Thanks! That’s great! Now let’s dive in. What’s tying together Bitcoin, gold and stocks?The takeawayInstead of looking at short term correlations, this week we are zooming out. And when we look at the big picture, here is what we learn:
Zooming out on macro correlations... Unlock this post for free, courtesy of Ecoinometrics.A subscription gets you:
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Wednesday, July 24, 2024
What’s tying together Bitcoin, gold and stocks?
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