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The largest U.S. bank has forecast that Bitcoin will outperform stocks, bonds, and gold over the next ten years.
Joe Consorti reported that despite making this forecast, the bank excluded Bitcoin from all of its recommended portfolios. Consorti also noted that Schwab, Fidelity, and Deutsche Bank made similar moves within the same week, describing Wall Street as opening nearly every door to Bitcoin except portfolio inclusion.
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Joe Consorti recently observed that bitcoin bottomed 100 days ahead of its expected four-year cycle date, with retail investors selling early. In a separate analysis, he pointed to falling AI costs and record-high government debt interest as challenges for managing $40 trillion in debt. These reports add further context to his ongoing coverage of market shifts.