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TINA the Faceless Mistress (guest: Steve Sonick)

The Market Huddle

00:00

Cryptocurrency - Is There a Contagion Effect?

There's a lot of money floating around out there. On the negative side, how aggressive will the fed be about trying to mop it up? We really haven't seen the fed do anything to speak of tereyo go. And because they exist ooutside the conventional financial system, you don't have that risk of contagion quite so much into into the normal banks and brokers. It is sort of its own little, weird, self contained environment. Doesn't doesn't mean i'm rooting for it to implode.

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