Bitcoin, Gold Are The 'Debasement Trade' In Uncertain Times: JPMorgan
Portfolio Pulse from Murtuza Merchant
JPMorgan analysts highlight a trend where investors are turning to gold and Bitcoin as safe-haven assets amid geopolitical tensions and the upcoming U.S. election. This 'debasement trade' is driven by concerns over economic instability and currency devaluation.
October 03, 2024 | 5:02 pm
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JPMorgan analysts report a trend of investors turning to gold and Bitcoin as safe-haven assets due to geopolitical tensions and the U.S. election, termed as the 'debasement trade'.
JPMorgan's analysis on the 'debasement trade' suggests a growing investor interest in gold and Bitcoin, which could enhance the firm's reputation as a thought leader in financial analysis, potentially boosting its stock.
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