Bob Iaccino Talks Bitcoin's Overnight Record

Bob Iaccino says the Fed has a narrative that inflation is going to be transitory. He says bitcoin is a limited asset that is counteractive to fiat currency, as was the case with gold. He points out 10-year TIPS are down to negative 70 basis points and that story is based on precious metals. He will be watching retail sales numbers.

Futures

14 Apr 2021

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Futures

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Bob Iaccino Talks Bitcoin's Overnight Record

Bob Iaccino says the Fed has a narrative that inflation is going to be transitory. He says bitcoin is a limited asset that is counteractive to fiat currency, as was the case with gold. He points out 10-year TIPS are down to negative 70 basis points and that story is based on precious metals. He will be watching retail sales numbers.

Futures

14 Apr 2021