Bitcoin’s value proposition in the eyes of investors has changed since its inception. Over the past decade, investors have touted bitcoin as a superior method of payment as well as a kind of digital gold. Some proponents have highlighted its nature as an uncorrelated asset as one feature that could make it a unique addition …
Raoul Pal explains why he isn’t surprised by bitcoin’s correlation to stocks Read More »
Quick Take We highlight Raoul Pal’s recent research surrounding his belief that the surge in global denominated debt – paired with a global shortage in U.S. dollar – could lead to a debt deflationary environment sparked by the COVID-crisis. Behind The Scoop offers Research subscribers a summary of what we learned from our podcast guests, …
Why Raoul Pal believes the dollar is going to break the global system Read More »
The Federal Reserve and the U.S. government are working aggressively to implement policies aimed at addressing the financial crisis triggered by COVID-19 and the economic impact of the societal shutdown. Americans across the country have begun receiving stimulus checks to recoup lost income. Meanwhile, the Fed has said that it would serve as a backstop …