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Bitcoin to New Highs; Digging into U.S. Housing Market
Manage episode 494447915 series 3645668
“Over the long-term, it does trade higher,” Jake Clopton says of Bitcoin as it hits an all-time high above $120K. He sees “interesting corners” of the crypto market beyond Bitcoin as well. He thinks the Fed could cut rates in September, with only one cut this year. Jake says people need to cut through the noise and focus on their dual mandate to see what’s coming next. Turning to housing, he thinks conditions are looking “significantly better” and things are “moving towards a buyer’s market.”
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6141 episodes
Manage episode 494447915 series 3645668
“Over the long-term, it does trade higher,” Jake Clopton says of Bitcoin as it hits an all-time high above $120K. He sees “interesting corners” of the crypto market beyond Bitcoin as well. He thinks the Fed could cut rates in September, with only one cut this year. Jake says people need to cut through the noise and focus on their dual mandate to see what’s coming next. Turning to housing, he thinks conditions are looking “significantly better” and things are “moving towards a buyer’s market.”
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
6141 episodes
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