Concerns are expressed loudly that the expansionary monetary policies, which have been the common theme of the recent period in the global economy, have created bubble s in the asset classes in the world in general.
Bank of America strategists noted that the bubble burst simultaneously in
cryptocurrencies, palladium, technology stocks and historically risky assets.
According to strategists, the pullback in speculative areas came after investors took a position against the Fed's decision to accelerate the tightening path.
Jay Hatfield, Infrastructure Capital Advisors Portfolio Manager, stated that the Fed's curtailment of liquidity will cause share risk premiums and interest rates to rise, which will have an impact on technology stocks, phenomenon stocks and partially
crypto assets.