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Analyst: Bitcoin and stocks have not succumbed to rising borrowing costs, still capitalizing on "Trump trade" market enthusiasm

According to Mohannad Aama, a portfolio manager at Beam Capital Management, the current higher bond yields have arguably increased market risk, yet neither equities nor bitcoin have succumbed to the pressure of rising borrowing costs. Instead, they have been capitalizing on investor enthusiasm for the "Trump trade," the "downside" of which is that it will price both bitcoin and stocks perfectly. If corporate earnings don't meet investor expectations, or Trump doesn't deliver on the...

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2024-11-25 08:47:34

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