Bloomberg Surveillance

Surveillance: Bitcoin Still Speculative, Patters Says



Rebecca Patters, Bridgewater Director of Investment Research, says Bitcoin is still a speculative asset and still has a long way to go before becoming a gold-equivalent. Mike Mayo, Wells Fargo Head of U.S. Large-Cap Bank Research, says banks have no choice but to get more efficient and stream-line. Terry Haines, Pangaea Policy Founder, says the Biden administration wants to show that America is back as a global player. Daniel Boulud, Chef & Restaurateur, says it is time to bring back jobs and hope to New York City.