Bits + Bips: How Wall Street Could Make a Killing off the Next Crypto Winter - Ep. 908

Bits + Bips: How Wall Street Could Make a Killing off the Next Crypto Winter - Ep. 908 – Unchained

Bullish:

$GLD - Gold is a primary position for wealth preservation amid federal deficits and sovereign debt crisis, with price targets of $8,000-10,000
$NCLH - Norwegian Cruise Lines has strong fundamentals with 90%+ ROE, negative cash conversion cycle, and favorable demographics from boomer retirement travel
$TLT - Short-term treasuries as a defensive position for wealth preservation in current market environment
$EQUITIES - Constructive on equities due to continued earnings growth, productivity gains, corporate spending, and no recession indicators

Bearish:

$EQUITIES - Stocks are overvalued based on Buffett indicator and federal deficit concerns, with virtually zero stock allocation
$DAT - The next crypto winter will be nuclear as DAT debts trade at discounts, creating arbitrage opportunities for delta neutral funds
$CRYPTO - Bearish on illiquid, small market cap cryptocurrencies lacking established functional economies
$MSTR - MicroStrategy is overleveraged with unsustainable 1.5-1.6x NAV premium, vulnerable to Bitcoin price drops and cascade effects