Some interesting cross-asset signals worth watching here.
Bitcoin ETF flows: 6 consecutive sessions of inflows, nearly $2B last week. That's real institutional interest returning after the recent pullback.
Gold and silver both catching bids — classic flight-to-quality setup when macro uncertainty picks up.
Credit markets starting to price in skepticism around AI capex. Spread widening on some of the massive infrastructure buildouts. Worth monitoring — if credit starts to question the ROI on this spending cycle, equity multiples could follow.
Staying patient. Reacting to what the market shows us, not trying to front-run a narrative. Let the data and flows lead.
Bitcoin ETF flows: 6 consecutive sessions of inflows, nearly $2B last week. That's real institutional interest returning after the recent pullback.
Gold and silver both catching bids — classic flight-to-quality setup when macro uncertainty picks up.
Credit markets starting to price in skepticism around AI capex. Spread widening on some of the massive infrastructure buildouts. Worth monitoring — if credit starts to question the ROI on this spending cycle, equity multiples could follow.
Staying patient. Reacting to what the market shows us, not trying to front-run a narrative. Let the data and flows lead.