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The Daily Hodl 2023-09-24 09:15:05

Chamath Palihapitiya Warns Stocks and Risk Assets Could See Major Repricing Amid Fed’s ‘Higher for Longer’ Policy

Billionaire venture capitalist Chamath Palihapitiya says that risk assets like stocks will likely see major turbulence amid the Federal Reserve’s tight monetary policies. In a new episode of the All-In Podcast, Palihapitiya says that market participants were expecting Fed Chair Jerome Powell to start cutting rates imminently. Last week, however, stocks and Bitcoin (BTC) slid The post Chamath Palihapitiya Warns Stocks and Risk Assets Could See Major Repricing Amid Fed’s ‘Higher for Longer’ Policy appeared first on The Daily Hodl .

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