Arthur Hayes: Financial markets may experience a second shock, and the problem of over-leverage is about to emerge
2024-08-06 04:10
Odaily News Arthur Hayes, co-founder of BitMEX, wrote on X that financial markets may face greater turbulence. The first wave of shocks has passed, and now the problem of over-leveraged investors in the traditional financial sector is waiting to emerge. He expects the second wave of shocks to begin soon, and hints that if there is a rescue, the market may need to go through more adjustments before Friday this week. The current respite is only temporary, and market volatility will continue.
