Reported 2 days ago
As the New Year begins, Wall Street traders are exhibiting a notable shift away from risk-taking, reflecting growing concerns over potential political and economic changes. Following a record end-of-year downturn for stocks and significant outflows from Bitcoin ETFs, volatility measures have surged across various asset classes. Despite some recovery in major tech stocks, the imminent policy changes under a new administration are prompting investors to adopt a more cautious stance, raising demand for protective assets amidst fears of an uncertain economic landscape.
Source: YAHOO