The signs of an impending recession are gradually increasing , and the Bank of America is now warning of this insistently.
Rising inflation could shock the economy, its chief strategist, Michael Hartnett, told Reuters .
At the same time, Hartnett believes that crypto could outperform stocks and bonds in this case.
Bloomberg financial analyst Mike McGlone took a similar view in an interview this week .
Cryptocurrencies emerge healthier from inflation, he said. While the Nasdaq fell 8 percent over the past year, the value of bitcoin has changed little.
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