Well, if you believe that stock market is in a bubble then sell-off in stocks will quite likely be triggered by crypto bubble bursting. People will see blood on the streets on TV and will rush for the exit. Something will trigger people to run for cover at some point and I believe that most likely the signal will come from the crypto market.
I'm not saying it'll happen tomorrow and I'm not saying that there is a fundamental correlation between these markets. But I believe the markets have already discounted Trump and there is not a lot of optimism left to continue in 2018.
You are viewing a single comment's thread from:
I agree that you don't see 30% gains in the stock market very often, and we are about to witness one of those years. The returns for 2018 are projected to be much smaller, around the 8% level. Though I am not sure that a bitcoin crash would be enough to get stock investors to run for the hills.