metals

Gold is being part of that... It's negatively correlated. It does very well in such bubbles... I would rather be short debt in a sense Dalio explicitly recommends gold as hedge against government debt problems and sees it performing well during bubble periods

ndx

The NASDAQ shows weakness with tech leading declines and is on track for worst week since April. Market participants reacting to valuation concerns and mixed economic data are favoring downside risk for Nasdaq in the short term.

yields

We have reduced interest rate sensitivity, pulled some from the front end of the yield curve, focusing on carry and lower duration. The funds rate could move slightly lower from current break even levels. Due to sticky inflation and moderating employment, central banks are likely to pause and possibly lower rates slightly, leading to cautious down yields in the medium term.

yields

We're going to be more likely to ease rates than to tighten rates because most of the economy elements are weakening. The speaker highlights a divergence between a bubble in asset prices and weakening real economy, implying monetary policy will ease, which tends to push yields lower over the medium term.

yields

We're going to be more likely to ease rates than to tighten rates. Most of the economy is weakening. Monetary policy for both is not going to work because of the divergent elements.

ndx

"I think the market recognizes that this is the kind of innovation that this industry has needed." and "now we can innovate much faster." Partnerships and new product platforms specifically leveraging AI and accelerated computing will accelerate innovation in semiconductor and technology sectors, leading to a medium-term positive outlook for NASDAQ 100 stocks.

ndx

Over 40% of the economic growth in the second quarter was CapEx for technology. This driving the large gap between U.S. and European GDP and justifies maintaining a large overweight in the U.S. for at least 18 months.