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Amol
@0xamol
The market has been challenging for risky assets since Powell's Jackson Hole speech. The S&P 500 is down approximately 3.83%, Bitcoin (BTC) is down 15.91%, and altcoins have dropped 19.49%.
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Amol
@0xamol
There are valid reasons for the market's caution. In August, the yield curve un-inverted, meaning the 10-year yield is now higher than the 2-year yield. Historically, when the yield curve un-inverts, a recession often follows within 6 to 18 months.
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