Major bank issue order to buy into risk as dollar hits new lows which could flip Bitcoin’s next move

HSBC issued a directive on Jan. 27 for investors to stay aggressively risk-on. The bank recommends overweighting equities, high-yield debt, emerging-market bonds, and gold while underweighting sovereigns, investment-grade credit, and oil. The call rests on a specific macro view: US growth holds up, rate volatility stays contained, and markets tilt back toward mega-cap tech. Meanwhile, […] The post Major bank issue order to buy into risk as dollar hits new lows which could flip Bitcoin’s next move appeared first on CryptoSlate.