InflationThere seems to be a basic lack of understanding of what drives the stock market .
Inflation drives up interest rates ,Higher interest rates impact growth stocks .
BNXA is a growth stock ,NASDAQ down 350 points today .BNXA will not swim against this tide .
You would be amazed how cheap growth stocks will get in a bear market ,Think 2$ or below for BNXA.
Somehow I doubt BNXA will be up tomorrow but always hard to predict day to day patterns.
At some point in time it may become a good buy .If Cryptos go down with everything else then volume will suddenly dry up as it it always does in a bear market then see what happens to bnxa,s revenues .
I am certainly not wishing for a bear market in stocks or Cryptos but it is becoming a possibility .
No matter what the federal reserve and Yellen has to say, in my opinion there is a significant risk we will have a return to the 1970,s ,history has a habit of repeating itself.