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US Banking Industry Could Take Massive Hit To Stock Prices in Coming Months, Says Macro Guru Hugh Hendry

US Banking Industry Could Take Massive Hit To Stock Prices in Coming Months, Says Macro Guru Hugh Hendry

The US banking industry could see its stock prices plummet within the next 16 months, according to macro guru Hugh Hendry. In a new interview with Kitco News, the former chief investment officer of hedge fund Eclectica Asset Management says that US banking stocks could witness a deep devaluation if the economy goes through a […]

The post US Banking Industry Could Take Massive Hit To Stock Prices in Coming Months, Says Macro Guru Hugh Hendry appeared first on The Daily Hodl.

Crypto participants expect Bitcoin to exceed $100,000 this cycle

$1,500,000,000,000 Bitcoin Market Cap Incoming, Predicts Macro Guru Hugh Hendry – Here’s How

,500,000,000,000 Bitcoin Market Cap Incoming, Predicts Macro Guru Hugh Hendry – Here’s How

Macro guru Hugh Hendry says that Bitcoin’s (BTC) total market cap is likely to almost triple in size as macroeconomic conditions worsen. In a new Bloomberg Television interview, the hedge fund manager says that high interest rates are likely to cause an economic downturn. “When you raise rates to 5% in the UK, effectively we’re […]

The post $1,500,000,000,000 Bitcoin Market Cap Incoming, Predicts Macro Guru Hugh Hendry – Here’s How appeared first on The Daily Hodl.

Crypto participants expect Bitcoin to exceed $100,000 this cycle