Bank Of America Warns That A "Recession Shock" Is On The Way, And That Bitcoin Might Beat Equities!

While the markets around the world suffer in the face of major geopolitical shifts, major cryptocurrencies remain largely unscathed. This has prompted economic organizations and experts to see digital assets as a more robust market than traditional asset classes, most notably stocks. Michael Hartnett, the chief investment strategist at the Bank of America, warned that the macro-economic situation could lead to a recession shock in the United States.