Portfolio Manager Adam Johnson joined Fox Business to discuss the recent crypto crash and the potential spillover effect for stocksA financial instrument giving the holder a proportion of the ownership and earnings of a company. and bondsA financial instrument representing an IOU from the borrower to the lender. Bond issuers promise to pay bond holders a given amount of interest for a pre-determined amount of time until the loan is repaid in full (otherwise known as the maturity date). Bonds can have a fixed or floating interest rate. Fixed-rate bonds pay out a pre-determined amount of interest each year, while floating-rate bonds can pay higher or lower interest each year depending on prevailing market interest rates.. He attempts to address concerns about the long-term efficacy of cryptocurrency and Bitcoin by putting a positive spin on the functionality of blockchain technology.
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