Mike McGlone|Nov 04, 2026 11:06
Don't Fight the Fed; Bitcoin Could Lead Reversion
A primary risk-asset leader since 2009, Bitcoin has been unable to stay up on the year in 2026 and may be indicating a wealth-creation and inflation endgame. Copper could follow the melting first-born crypto, and my graph highlights the implications of such a scenario: the metal and the S&P 500 are roughly the same chart in 2026.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tnz2l8rkv2ti {BI COMD}
#copper #Bitcoin #Stocks @BBGIntelligence
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