Feb 4, 2019
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Economist’s Belief That Stocks Are Overvalued Has Bitcoin Enthusiasts Enthused

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While the S&P 500, the Nasdaq, among other global stock indices surged off the back of news that the U.S. Federal Reserve’s chairman, Jerome Powell, would be putting a policy rate hike on the backburner, some pundits are still wary of a looming crash, even crisis. And interestingly, some have argued that if the American economy descends into chaos, Bitcoin and other leading crypto assets could surge and garner notable levels of traction worldwide.

Economist: Stocks Trading At “Most Obscene Valuations” Ever

According to a report from Business Insider, Dr. John Hussman, an American economist, investor, and hedge fund showrunner, isn’t too happy with Wall Street analysts claiming that the market is doing all fine and dandy.

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