Cathie Wood just stated she thinks $BTC will take the place of the new 60/ 40 (bonds) !!
“You think about the traditional 60/ 40 stock-bond portfolio, but look what’s happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What’s next? We think crypto could be the solution,” said Wood, who’s the founder and CEO of a family of exchange-traded funds based on disruptive technologies.
Read the full article on Marketwatch (Can't post the link here, my reputation is too low)
“You think about the traditional 60/ 40 stock-bond portfolio, but look what’s happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What’s next? We think crypto could be the solution,” said Wood, who’s the founder and CEO of a family of exchange-traded funds based on disruptive technologies.
Read the full article on Marketwatch (Can't post the link here, my reputation is too low)