WASHINGTON—The U.S. economy is experiencing “a remarkably positive set of economic circumstances,” Federal Reserve Chairman Jerome Powell said Wednesday, suggesting that he sees little risk the current economic expansion will be knocked off course. “There’s no reason to think this cycle can’t continue for quite some time, effectively indefinitely,” Mr. Powell said in a moderated discussion with PBS News Hour’s Judy Woodruff, at the Atlantic Festival in Washington. They talked about how there’s a general perception that retail investors are susceptible to rosy-eyed forecasts about the future of bitcoin, while institutions are more clear-headed about the prospects of this nascent asset class. However, a new survey found on Midas Letter Crypto News, which was conducted by Wall Street strategy firm Fundstrat, suggests that once institutional investors are interested in bitcoin, they become even more bullish than their retail counterparts. To read more about crypto currency and crypto news, feel free to visit Midas Letter.
I myself half been taking quite an interest in cryptocurrency for my blog. I have been reading articles and researching more about bit coins. Whilst we shouldn’t complain about how bad the economy is right now, I can’t help it. I have been doing some investments in cryptocurrency for my blog and for all the work I do (homeschooling, urban homesteading, orphanages, hosting and missions). Feel free to donate anything; just contact me via a message or email.
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