This weekly podcast about Bitcoin is the initiative of the Viennese financial journalist Niko Jilch. The goal: to strengthen and network the German-speaking Bitcoin community - and to bring the Bitcoin phenomenon closer to as broad a mass as possible.
We accompany this project as one of the main sponsors in this blog and also make all podcast episodes available here as a video.
Monika Rosen was Chief Analyst of Private Banking at Bank Austria for 20 years. She is also the Vice President of the Austrian-American Society and a sought-after expert on the stock market and financial topics.
She now sees Bitcoin as a "weather vane for risk appetite" in the markets. Gold and Bitcoin have been hit hard by rising interest rates and are not performing as well as hoped, Monika says. As for gold, stocks and bitcoin, her eyes and ears are all on the Fed and Jay Powell. Monika expects a "pivot" - that is, a move away from tighter monetary policy to lower interest rates. Only when that will come, no one can know, Monika says. It is therefore very uncertain because the current crises do not come "from the market," as was the case with the financial crisis, but from "outside" - in the form of war or pandemic.
It is still unclear whether we have already passed the low on the stock exchanges (and thus also for Bitcoin), or whether there will be a further correction. "However, I would not expect a real crash immediately," she says. That's almost a pleasant forecast, isn't it?
Niko Jilch is a financial journalist, speaker and moderator. He has been dealing with our monetary and financial system, inflation, central banks, gold and of course Bitcoin for more than ten years. His ongoing column "Young Money" is published at the digital business medium "Brutkasten".
You can find all info about this project on wasbitcoinbring.com
