All right, one big beautiful bill making its way. We're going to continue to see uh it go to the floor today with a reading. What's your perspective what it means for equities and also for the bond market.Um do you expect the bond vigilantes to react to some of the deficit increasing measures here. I don't Frank. I think we're well past that.I mean everybody's been looking for a reason to uh to get nervous and every time they do they they regret it a week or a day or a month later. So I think we're in a ver ...

Market Outlook - The industry anticipates significant challenges until interest rate cuts and quantitative easing (QE) begin, expected around September-October 2025 [1] - The industry needs to navigate the next 3 months to potentially benefit from a substantial altseason [1] Financial Projections - The industry faces a difficult period, described as "fucked," until the anticipated economic changes occur [1]

Economic Indicators - Personal income missed expectations month over month [1] - The economy has not been favorable for most Americans for an extended period [1] Monetary Policy Implications - The personal income miss could justify potential interest rate cuts [1]

𝗔𝗟𝗧𝗦𝗘𝗔𝗦𝗢𝗡 𝟮𝟬𝟮𝟬-𝟮𝟭➙ CONSOLIDATED FOR 15-16 MONTHS➙ CAPITULATION HAPPENED DURING MARCH CRASH➙ ENTERED AN EXPANSION PHASE AND PUMPED FOR 8-9 MONTHS𝗔𝗟𝗧𝗦𝗘𝗔𝗦𝗢𝗡 𝟮𝟬𝟮𝟰-𝟮𝟱➙ CONSOLIDATING FOR 16-17 MONTHS NOW➙ APRIL CRASH WAS THE FINAL CAPITULATIONWITH RATE CUTS AND PRO-CRYPTO REGULATION INCOMING, I THINK ALTS COULD ENTER A SUSTAINED UPTREND.IT WON'T BE LIKE 2020-21 CYCLE, BUT COULD BRING LIFE-CHANGING GAINS. ...

Group 1 - Horizon Bancorp, Inc. reported 1Q earnings that were mostly in line with expectations, aside from a one-time gain from the sale of the mortgage warehouse business [1] - The earnings report aligns with the analysis provided in a previous March report [1] Group 2 - No stock, option, or similar derivative positions are held by the analyst in any of the companies mentioned [1] - The article expresses the author's own opinions without receiving compensation from any company mentioned [1]

Market Outlook - The market's first half performance suggests timing the market is difficult [3] - Markets have moved higher due to reduced Middle East tensions, anticipated Fed rate cuts, and a slowing but non-recessionary economy [3][4] - The market is approaching highs for 2025, supported by the expectation of a couple of rate cuts in the second half of the year [4] Earnings and Valuations - S&P 500 is trading at a premium, but strong earnings growth could drive the market higher [5][6] - First quarter earnings exceeded expectations, with actual earnings growth of approximately 12% compared to the expected 6% [6] Tariffs and GDP - A 10% tariff rate for the rest of the world (excluding China) could reduce GDP by about 1.5%, potentially skirting a recession [7] Global Diversification and US Market - Investors should remain globally diversified, with a neutral to weaker dollar benefiting non-US equities [9] - The US market is bullish, driven by artificial intelligence, with almost two-thirds of earnings growth driven by technology stocks [9] - Mega-cap tech stocks drive over 30% of the S&P 500's market cap, making the US a strong place to generate returns [9] Fixed Income and Bond Market - The bond market has calmed down, with the 10-year yield around 4.25% [10] - Factors like concerns about US Treasury safety and the impact of the "big beautiful bill" on the deficit could negatively affect the bond market [11] - Municipal bonds are attractive due to high yields and strong fundamentals driven by the strength of the US economy [12]

Market Sentiment - Market anticipates a positive trend, hoping to avoid any "Black Swan" events for at least a month [1] Macroeconomic Factors - Expectations of potential interest rate cuts by the Federal Reserve, indicated by Powell's statements [2] - Resolution of the Middle East situation, contributing to market stability [2] - The DXY (US Dollar Index) is experiencing a significant decline [2] Investment Flows - ETF (Exchange Traded Fund) inflows are increasing, suggesting renewed investor confidence [2] Cryptocurrency Market - Anticipation of cryptocurrency being accepted as collateral [2] - US government potentially focusing on purchasing Bitcoin (BTC) [2] Market Performance - NASDAQ has reached a new All-Time High (ATH), indicating strong market performance [2]

BREAKING:🇺🇸 US JOBLESS CLAIMS 236K IN JUNE WITH EST. 245KRATE CUTS ARE COMING 🚀 ...

Market Trends & Geopolitical Risks - Asia is expected to open cautiously due to fatigue in Wall Street's rally and ongoing geopolitical risks [1] - The market is closely watching Asia tech, especially NVIDIA's suppliers, after NVIDIA's all-time highs [2] - The Hong Kong Monetary Authority intervened by buying $1.2 billion of local currency to defend the currency peg [3][13] - President Trump is considering naming the next Fed Chair early, potentially undermining Chair Powell [3][4] - The U S will hold a meeting with Iran next week, but the extent of damage to Iranian nuclear facilities remains uncertain [5][24][25] - Trade truce deadlines are approaching, creating uncertainty about the impact of unresolved tariff issues on inflation [35] Monetary Policy & Currency Dynamics - Markets anticipate that Trump naming a Fed Chair successor earlier could undermine Fed autonomy and lead to a dovish chair, impacting the U S dollar [18][35] - The broader dollar trajectory is for dollar weakness [14] - The Hong Kong dollar is at risk of falling out of its peg against the U S dollar, necessitating intervention [15] - The PBOC is helping to drive down benchmark borrowing costs in Hong Kong, creating an arbitrage opportunity that is pushing down the Hong Kong dollar against the U S dollar [16][17] Company Specific News - CATL is prioritizing overseas expansion due to irrational competition and price wars in China's EV market [1][35] - Zero acquired Melio, a payments platform, for $2.5 billion to bolster its U S offering and capture more market share [37][38] - Xiaomi is launching its first electric SUV, the YU7, and investors are closely watching the pricing and initial consumer reactions [56][57][58]

Market Sentiment & Investment Opportunities - The crypto market is perceived to be in a "last chance zone" for current price levels, suggesting a potential upcoming bull run [1][2] - Rate cuts by the Federal Reserve are anticipated, which are expected to positively impact altcoins [3][4] - The market is shifting from retail-driven to Wall Street institutions and nation-state driven [1] - A specific altcoin, DMC (Delorean token), is highlighted as a promising project within the SUI ecosystem, having launched successfully [6] Regulatory Landscape & Institutional Adoption - The Federal Reserve is facing increasing questions about Bitcoin and crypto, with the Fed chair's responses being viewed as positive for the crypto market [7] - The Fed has removed "reputational risk" as a component in bank exams, seen as a positive step to depoliticize bank oversight, potentially encouraging bank involvement in digital assets [8][12] - Visa is expressing bullish sentiment on crypto and stablecoins, actively building infrastructure to embrace them [16][17] - The Genius Act has passed the Senate and is expected to pass the House, providing regulatory clarity for stablecoins [17] - The crypto market structure bill (Clarity Act) is considered a significant development that could allow exchanges to register with the CFTC, potentially reducing SEC oversight [18][20] Technological Evolution & Future Trends - Crypto is viewed as the next stage in the evolution of financial services, with shared infrastructure replacing traditional business logic [25][26] - The Robin Hood CEO believes that Bitcoin and crypto will replace traditional finance [23]