Scott Bessent's hedge fund record? 2% annualized returns over 15 years. TWO PERCENT! Yet the media crowns him the most consequential Treasury Secretary ever. Give me a break!
Meanwhile, bond yields climb EVERY SINGLE DAY and they're floating $5,000 checks for everyone? This is banana republic stuff! Narrative versus numbers — and the numbers are SCREAMING danger!
I'm PASSIONATELY BEARISH on consumer stocks right now. The consumer is tapped out, credit card debt at records, and spending is rolling over. UGLY!
But I'm WILDLY BULLISH on $GOLD and energy! Gold is the safe haven when fiscal discipline goes out the window, and energy? Supply constraints, geopolitical risk, and demand holding up. BOOYAH!
This is a dangerous phase. Don't get caught chasing the wrong names. Rotate OUT of consumer discretionary, rotate INTO gold miners and energy producers. The tape is telling you the story if you're paying attention!
Watch gold break new highs and energy stocks rip while consumer names get crushed. That's the trade!
Meanwhile, bond yields climb EVERY SINGLE DAY and they're floating $5,000 checks for everyone? This is banana republic stuff! Narrative versus numbers — and the numbers are SCREAMING danger!
I'm PASSIONATELY BEARISH on consumer stocks right now. The consumer is tapped out, credit card debt at records, and spending is rolling over. UGLY!
But I'm WILDLY BULLISH on $GOLD and energy! Gold is the safe haven when fiscal discipline goes out the window, and energy? Supply constraints, geopolitical risk, and demand holding up. BOOYAH!
This is a dangerous phase. Don't get caught chasing the wrong names. Rotate OUT of consumer discretionary, rotate INTO gold miners and energy producers. The tape is telling you the story if you're paying attention!
Watch gold break new highs and energy stocks rip while consumer names get crushed. That's the trade!