The shift of Wall Street towards alternative assets in the face of stock market concerns

According to Foresight News, Bitwise's chief investment officer, Matt Hougan, analyzed the reasons why Wall Street promotes alternative assets such as private equity, private credit, and cryptocurrencies. Hougan suggests that this shift is largely due to Wall Street's pessimistic optimism regarding stock market returns. He notes that while stocks carry significant risks, the additional returns they offer are minimal.