Brian Stewart

So Bitcoin's down today, gold's up a little bit, oil's down a little bit. So honestly, that's just sort of on brand for how the market has been lately. Crypto, along with some of the major tech names, has been sort of the big story on the down side. downside as we've been selling off lately.

As you and I talked about last week, the Bitcoin situation is kind of interesting in the sense that longer term, if there's going to be a strategic Bitcoin reserve, if there's going to be larger sort of institutional buy-in for that, that provides a floor for Bitcoin and a long-term catalyst to push it forward. But in the near term, it moves like a high risk asset.

As you and I talked about last week, the Bitcoin situation is kind of interesting in the sense that longer term, if there's going to be a strategic Bitcoin reserve, if there's going to be larger sort of institutional buy-in for that, that provides a floor for Bitcoin and a long-term catalyst to push it forward. But in the near term, it moves like a high risk asset.

As you and I talked about last week, the Bitcoin situation is kind of interesting in the sense that longer term, if there's going to be a strategic Bitcoin reserve, if there's going to be larger sort of institutional buy-in for that, that provides a floor for Bitcoin and a long-term catalyst to push it forward. But in the near term, it moves like a high risk asset.

So you're seeing it being treated like that in the market lately. So it was a big decliner when stocks were down earlier this week and it's continuing, it's moved down. So I think that if you're looking at Bitcoin, you should probably look at it in that light for the near term, just sort of seeing it as a proxy for overall kind of risk sentiment within the market.

So you're seeing it being treated like that in the market lately. So it was a big decliner when stocks were down earlier this week and it's continuing, it's moved down. So I think that if you're looking at Bitcoin, you should probably look at it in that light for the near term, just sort of seeing it as a proxy for overall kind of risk sentiment within the market.

So you're seeing it being treated like that in the market lately. So it was a big decliner when stocks were down earlier this week and it's continuing, it's moved down. So I think that if you're looking at Bitcoin, you should probably look at it in that light for the near term, just sort of seeing it as a proxy for overall kind of risk sentiment within the market.

And so if you see that turnaround, that might be a good sign that buyers are starting to step into the higher risk assets.

And so if you see that turnaround, that might be a good sign that buyers are starting to step into the higher risk assets.

And so if you see that turnaround, that might be a good sign that buyers are starting to step into the higher risk assets.

Brian Stewart, I call him our fearless director of news, and he better be fearless in these type of geopolitical and stock market volatility and uncertainty that we find ourselves in. Brian, welcome back to Wall Street Breakfast. And can you start off with some good news? Is there some good news to be had?

Brian Stewart, I call him our fearless director of news, and he better be fearless in these type of geopolitical and stock market volatility and uncertainty that we find ourselves in. Brian, welcome back to Wall Street Breakfast. And can you start off with some good news? Is there some good news to be had?

Brian Stewart, I call him our fearless director of news, and he better be fearless in these type of geopolitical and stock market volatility and uncertainty that we find ourselves in. Brian, welcome back to Wall Street Breakfast. And can you start off with some good news? Is there some good news to be had?

And what are the highlights there?

And what are the highlights there?

And what are the highlights there?

And is that why tech led the sell-off this week, is because of the higher expenses likely coming?

And is that why tech led the sell-off this week, is because of the higher expenses likely coming?

And is that why tech led the sell-off this week, is because of the higher expenses likely coming?

What would you say about Bitcoin specifically, its movement in the crypto space? I'd like to remind the audience of one of my favorite quotes that we heard from John D'Agostino at our investing summit last summer. And he said in talking about cryptocurrency that volatility is not the same thing as risk, which I think would be wise for us all to keep in the back and front of our minds.