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Bloomberg columnists Marcus Ashworth and Mark Gilbert have a key message for 2025: Fasten your seatbelts, it's going to be a roller coaster ride. On the question of where Bitcoin lies in the future, they point to Nobel Prize-winning economist Paul Krugman, who posted on the Bluesky social platform last month that while Bitcoin has broken through $100,000, there is still no legitimate use case even after 15 years. The recent bitcoin price jump has at least one recognizable...
Erian, a prominent columnist and dean of Queen's College, Cambridge, said the current guessing game over the path of the Federal Reserve's monetary policy is causing market volatility. US Treasuries have already suffered a sharp sell-off after a strong September non-farm payrolls report prompted traders to quickly downgrade bets on the Federal Reserve's future sharp interest rate cuts. The decline since Friday has pushed yields on benchmark two-year and 10-year Treasuries above 4% for the first ...
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