Is This the End of the US Exceptionalism Trade?

Bullish:

• $DAX - Ozan expresses confidence in European equities, particularly the DAX, outperforming US markets due to Europe's fiscal capacity.

  • “I continue to believe Europe and China has a lot of fiscal room, so, I feel at the moment quite confident that, DAX, MDACS, the, medium caps, and China Tech will continue to weigh out for outperform US.”

    Ozan·26:17
• $CHINATECH - Ozan believes China Tech will outperform US markets, citing China's fiscal capacity as a key factor.

  • “I continue to believe Europe and China has a lot of fiscal room, so, I feel at the moment quite confident that, DAX, MDACS, the, medium caps, and China Tech will continue to weigh out for outperform US.”

    Ozan·26:17
• $TLT - Ozan suggests that receiving (going long) on the long end of the Treasury curve could be a significant trade opportunity.

  • “On race, we had started discussing, with Joe. I do have sympathy that, receivers from here on the long end Mhmm. It will work. That may be a that may be a big trade, actually.”

    Ozan·26:53

Bearish:

• $USD - Ozan expresses a strong bias to sell any dollar rallies, citing significant levels in various currency pairs and gold.

  • “Soft dollar, look, we're talking big levels on on euro, on yen, on on, Swissy, on gold. But, my bias is still to, sell any dollar rallies.”

    Ozan·28:16