Part 1/15:
An In-Depth Conversation on Global Markets, Economic Risks, and Bitcoin in 2023
January Market Turbulence and Early Signs of Risk
Although January's market activity has been relatively quiet, underlying turbulence signals caution. Despite a calm start, the S&P 500 experienced one of its most significant early-year declines in history, marking a compressed yet sharp move downward. This volatility highlighted the increasing riskiness of risk assets, including Bitcoin and other cryptocurrencies, especially within the US market. Emerging markets, however, have shown more resilience. The discussion underscored the importance of adopting a more defensive investment stance given these early indications.