Analysis23d ago
Analysis: The Liquidity Regime That Really Drives Risk Assets
Beyond headline rates, shifts in central-bank balance sheets and reserve balances are quietly steering the path of stocks and crypto alike.
Marcus Webb·1 min read
Beyond headline rates, shifts in central-bank balance sheets and reserve balances are quietly steering the path of stocks and crypto alike.
Historical patterns around Bitcoin halvings are seductive, but sample size and a maturing market argue for humility in cycle forecasting.
As AI-related stocks continue their meteoric rise, analysts are divided on whether current valuations are justified by fundamentals or driven by speculative excess.
A weaker dollar, falling global rates, and improving fundamentals are creating ideal conditions for emerging market assets to outperform in 2024.