S&P 500 $SPY rangebound since May, while:
- S&P 500 2027 EPS ⬆️ $15 per share
- AI capex visibility stronger
- massive deleveraging Korea $EWY and US tech $QQQ
- no Fed meeting until Sept
- Inflation cooling faster than consensus views
Stocks are set up for a good August
Everything's coming onchain.
Stablecoins, RWAs… the whole financial system is rebuilding itself on crypto rails. And the way you own that is stupidly simple. Just buy the L1s it all runs on.
This is the universal basic equity layer for all of us. If the biggest parts of the
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The U Mich consumer survey landed today. So did @fundstrat's read on it.
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Inflation is on a glide path lower
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Tom Lee: Another welcoming CPI report.. inflation falling like a rock @fundstrat@FundstratDirect
On a glidepath lower... no Sept rate hike... both core CPI and core PCE declining...
"inflation derangement syndrome" lingering...
fundstratdirect.com/macro-strategy…
This week, Bitmine $BMNP 9.5% perpetual preferred posted its highest close ever since issuance
- dividends paid weekly
- funded by the productive yield of $ETH
Listed on @RobinhoodApp