Research Summary
The research report discusses the current state of the crypto market and other risk assets. The report highlights that crypto prices, excluding NFTs, are reacting asymmetrically, with “good news” generating more upside than “bad news” generating downside. The report also notes that other risk asset investors are increasingly bullish, with equity risk premia compressing further down and the scenario of US recession being pushed back. Interestingly, global rates are moving higher but are not impacting risk assets yet.
Actionable Insights
- Monitor the Crypto Market: Crypto prices are reacting asymmetrically to news, indicating a potential opportunity for investors.
- Consider Risk Assets: Other risk asset investors are increasingly bullish, suggesting potential investment opportunities.
- Watch Global Rates: Global rates are moving higher but are not impacting risk assets yet, implying a potential future effect on risk assets.
