Retail investors are split down the middle by generation over their favorite alternative assets, according to a note from JPMorgan this week.
Older investors are more inclined towards gold, while millennials are flocking to bitcoin, analysts from the bank said.
“The two cohorts show divergence in their preference for ‘alternative’ currencies,” a team of analysts led by Nikolaos Panigirtzoglou wrote.
Gold hit a record high this week as it shot past $2,000 an ounce. Last week, bitcoin hit a year-high crossing the $11,000 level as the US dollar weakens.
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Retail investors are split down the middle by generation over their favorite alternative assets, according to a note from JPMorgan this week.
Older investors are more inclined towards gold, while millennials are flocking to bitcoin, analysts from the bank said.
“The two cohorts show divergence in their preference for ‘alternative’ currencies,” a team of analysts led by Nikolaos Panigirtzoglou wrote. “The…