...highlighted May’s block reward halving as a “catalyst” for Bitcoin price expansion. Not only will the event reduce the new Bitcoin supply by 50%, it will also take its inflation rate below that of both gold and The Fed...
The PMI data indicate that the US economy is ticking along at a steady but unspectacular annualized rate of growth of approximately 2% at the start of 2020...
...add to this the increasing risks brought about by the spread of the coronavirus, and you’ve got the ingredients for an incipient global economic calamity.