Hegener: ‘Irresponsible’ Not to Buy Bitcoin; ‘Wouldn’t Rush’ to Buy NVDA Now
Joe Hegener thinks that because of changes in the Japanese bond market, the U.S. bond market is going to lose bigger buyers. However, he thinks that the market will “take it in stride.” On the other hand, he thinks long-term yields could spike in the next few months which will hurt risk assets. He “wouldn’t rush” to buy Nvidia (NVDA) because its multiple is too high for his liking. Bitcoin is worth “either nothing, or a hell of a lot more,” and it’s “irresponsible” not to be invested in it.
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