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@mikemcglone11
Mike Mcglone
Senior Commodity Strategist - Bloomberg Intelligence
11 following14 followers
Down over 10% on Saturday, #Bitcoin  pointing to a big risk asset decline week. Feds 75 bps hike may be the last, risk asset deflation doing the tightening for them. 1929ish - aggressive rate hikes despite plunging stock market, global GDP and consumer sentiment.
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I've definitely been overweight risk and growth assets and it's been rough.

Starting to think it's time to change my allocations. Might take advantage of the bounce in Tesla today...
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