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Wells Fargo Sees 'YOLO' Trade Driving $150B Into Bitcoin & Risk Assets
Wells Fargo Sees 'YOLO' Trade Driving $150B Into Bitcoin & Risk Assets
Authored by Zoltan Vardai via CoinTelegraph.com,
US tax filers may see bigger refunds in 2026 compared with previous years, a development one Wall Street strategist said may boost risk appetite for digital assets and tech stocks preferred among retail investors.
In a note cited by CNBC, Wells Fargo analyst Ohsung Kwon said the coming refund wave may help bring back the so-called “YOLO” trade, with as much as $150 billion potentially flowing into equities and Bitcoin by the end of...
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