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Lyn Alden, founder and CEO of Lyn Alden Investment Strategy, observed that the new Federal Reserve chairman’s first press conference was notably hawkish.
According to her, the chairman appeared articulate and well-prepared but provided limited information, which aligns with his previously signaled communication style. Alden added that this approach led to a negative impact on rate-sensitive assets in the market.
Alden has recently commented on other risks facing investors. She noted that institutional bitcoin debates have focused on quantum risk and AI distractions. Earlier, she questioned claims regarding bitcoin network resilience and supply concentration.