Wall Street's Shift to Alternative Assets Amid Stock Market Concerns

According to Foresight News, Bitwise's Chief Investment Officer, Matt Hougan, has analyzed the reasons behind Wall Street's promotion of alternative assets such as private equity, private credit, and cryptocurrencies. Hougan suggests that this shift is largely due to Wall Street's pessimistic outlook on stock market returns. He points out that while stocks carry significant risks, the additional returns they offer are minimal.