$RATECUTS - Despite a strong payrolls report erasing expectations for Fed rate cuts, Alex suggests the outlook for assets remains bullish due to money flowing out of short-term money markets and into equities, bonds, crude, and gold. Joe agrees, adding that China's actions could force the Fed's hand.
$MEME - Alex and Joe note that memecoins provide a investable substitute to the traditional VC-backed coins, with Alex believing they may outperform in a 3 month timeframe and Joe convicted in their continued growth.
$BTC - Bitcoin is expected to reach new all-time highs, driven by potential changes in China's monetary policy.
$OIL - The oil market is potentially mispriced due to underestimated geopolitical risks and supply chain disruptions, suggesting a bullish outlook.
$UTIL - Utilities are performing well due to expectations of increased power demand from AI and Bitcoin mining operations.
$RUT - The Russell 2000 is expected to see improved performance as interest rates decrease, leading to a broader market rally.
$GLD - Gold is outperforming the S&P 500 year-to-date, suggesting potential strength in the precious metal market.