Could the US Elections Trigger a Bond Market Crash as Paul Tudor Jones Bets on Bitcoin? đ
Analysts from Presto Financial Services, Peter Chung and Min Jung, warn that the upcoming U.S. #elections could trigger a âMinsky momentâ bond market crash, driven by the countryâs rising debt-to-GDP ratio.
The crash would result in higher demands for compensation to fund the deficit. Both U.S. presidential candidates are seen as contributing to fiscal extravagance, which could fuel inflation. Hedge fund manager Paul Tudor Jones supports this outlook, predicting rising inflation and advocating for investments in bitcoin, gold, and commodities. He also criticized fixed-income securities like #bonds , stating that inflation is the only path to reduce debt.
Analysts suggest that the #BITCOIN Act of 2024 could help stabilize the U.S. economy, but it seems low on the political agenda.
What is your opinion? đ€
If you enjoy my content, feel free to tip me â€ïž
