$COINBASE - Coinbase is seen as highly leveraged to the outcome of the upcoming election, potentially benefiting from regulatory changes or increased crypto adoption.
$BTC - Bitcoin is expected to benefit from high inflation, fiscal stimulus, and global easing cycles by central banks.
$COMMODITIES - Commodities are viewed as inflation protection assets that could benefit from global easing cycles.
$ETH - Ethereum is considered a potential 'Trump trade', possibly benefiting from a Trump victory in the upcoming election.
$SMALLCAPS - Small cap stocks are seen as correlated with crypto due to their reliance on liquidity, potentially offering similar opportunities.
Bearish:
$YEN - The Japanese Yen faces long-term structural challenges due to demographic trends, suggesting potential weakness over the coming decades.