Will Market Euphoria Cool Off In August? | Weekly Round-Up

Will Market Euphoria Cool Off In August? | Weekly Round-Up – Forward Guidance

Market views

Bullish

BTC— Bitcoin is seen as the most convex asset due to its limited supply, with potential for significant price appreciation driven by sovereign adoption and inclusion in financial products.
MSTR— MicroStrategy's innovative approach to Bitcoin acquisition and financial products is viewed as groundbreaking, comparable to Michael Milken's impact on investable assets.
TECH— Large tech companies are experiencing a productivity boom due to AI and automation, with job cuts potentially indicating increased efficiency rather than weakness.

Bearish

COMRE— Commercial real estate in some cities is facing significant devaluation, with potential haircuts of up to 75% on building values.
BONDS— The unusual economic environment with rising inflation and potential Fed rate cuts suggests challenges for the bond market, potentially leading to stagflation.

Not investment advice.