Bitcoin’s a Pretty Good Guide to Animal Spirits, It Turns Out … – Bloomberg


Bloomberg

Bitcoin's a Pretty Good Guide to Animal Spirits, It Turns Out ...
Bloomberg
Bitcoin may not cut it as a currency in Mark Carney's eyes, but it has at least one other use: it's a pretty good measure of animal spirits. There's a remarkable similarity in chart movements of the digital token and the forward price to earnings ratio ...

and more »