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Everything Bubble?? Why not? We are #hodling $BTC Bitcoin!!! Aren't you?? Then go #buy !!! #write2earn #Notafinancialadvice

Everything Bubble??

Why not? We are #hodling $BTC Bitcoin!!!

Aren't you?? Then go #buy !!!

#write2earn #Notafinancialadvice

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American Author Robert Kiyosaki Warns Of Potential 'Everything Bubble' In U.S. Markets
According to U.Today, Robert Kiyosaki, a renowned American author recognized for his influential personal finance books, has used social media to alert his numerous followers about a potential 'everything bubble' in U.S. stocks, bonds, and real estate. Kiyosaki anticipates that this bubble is 'set to crash.' To safeguard against this potential crash, he advises his followers to invest in precious metals such as gold and silver, as well as Bitcoin, the leading cryptocurrency by market capitalization.

Despite the growing concern among investors about a possible stock market bubble, historical data suggests that these worries may not be based on factual evidence. As highlighted by Reuters, the only real post-World War II stock market bubble burst occurred in the early 2000s during the internet boom. During the 'dot-com' bubble phase, numerous companies achieved absurd valuations, which eventually led to a severe bear market. However, it's also noted that corporate balance sheets are currently healthy, suggesting that the continuous warnings about the 'everything bubble' could be mere fear-mongering.

Albert Edwards of SocGen recently expressed his opinion that certain stocks might indeed be exhibiting signs of a market bubble. He further suggested that the hype around artificial intelligence could be spiraling out of control. In 2022, the Bitcoin price fell alongside U.S. stocks as the Federal Reserve hurried to increase interest rates to curb rampant inflation. This led many critics to question Bitcoin's diversification capabilities. However, Bitcoin might prove to be a more appealing portfolio diversifier in 2024. Jurrien Timmer, director of global macro at Boston-based financial giant Fidelity Investments, recently highlighted that Bitcoin now has a negative correlation with the benchmark S&P 500.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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