Market Analysis & Investment Thesis - Ethereum's potential is highlighted due to its perceived advantage of "NO DOWNTIME," a factor also considered important by Tom Lee [1] - The report references "INTO THE CRYPTOVERSE," a site focused on on-chain, macro, and strategic crypto analysis, offering a 10% discount with a specific code [1] - Discussion of potential investment strategies including "5% DEGEN PLAYS," "ALL CRYPTO EXITS," and strategies for 2024/2025 [1] - The document mentions "two rate cuts," suggesting an anticipation of monetary policy changes that could impact the crypto market [1] Risk Management & Security - Emphasis on avoiding scams and sourcing information carefully [1] - Caution against falling for A I scams [1] - Importance of diversifying crypto storage [1] - Recommendation of TANGEM COLD STORAGE WALLET for security, highlighting its EAL 6+ Secure Rating [1] - Advice to keep seeds and passwords safe, recommending STONEBOOK for water/tear/tamper resistance [1] Educational Resources & Tools - Promotion of a simplified crypto education website [1] - Recommends using a crypto tax software with a portfolio tracker, offering a 20% discount [1]

All three major averages finishing in the green today. The NASDAQ up 1%. Our next guest is warning of seasonal weakness ahead for the stock market.But could strong earnings reverse the usual August malaise. Well, let's bring in RBC Capital Markets head of US equity strategy Lori Calvacina as well as region's wealth management CIO Alan Mcnite. It's great to have you both here.Alan, you're sitting here on set with me. Welcome. Let's start this conversation.What do you think of markets here. What would you be ...

RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)BIG BREAKING 🚨FED says it still expects TWO rate cuts this year. https://t.co/ypuxAsIfE8 ...

Market Outlook & Fed Policy - The market anticipates the Federal Reserve (Fed) will begin cutting rates within the next 2 to 6 months [1] - The company's house call forecasts no rate cuts this year, but anticipates seven cuts next year, which is considered highly bullish for equities [1] - The Fed's decisions are based on lagging economic data, while the equity market and earnings revisions are already indicating future trends [2] - Lagging labor and inflation data are expected to decline later this year and next year, potentially leading to rate cuts [3] Earnings Revisions & Sector Opportunities - Gradual headcount reductions by companies could lead to increased margins and upward revisions [4] - The company has been overweight financials, industrials, and software since April, as these sectors have shown the strongest revisions [5] - The biggest opportunity lies in areas that have not yet experienced these revisions, such as housing-related, commodity-related, and some consumer goods areas [6][7] - Tariffs may temporarily reduce revision breadth in the short term due to increased cost of goods sold, potentially creating buying opportunities in lagging areas, including small caps [7] Market Concentration & Earnings Growth - Market performance is concentrated in a handful of stocks due to their earnings growth and free cash flow [8] - The underperformance of banks in the first quarter was due to poor performance in seven or eight divisions, API CapEx deceleration, and decelerated revenue growth [9] - The "Magic Seven" stocks led the market recovery from April lows due to their size, liquidity, and a bottoming in revision factors [10] - A weaker dollar benefits large multinationals, particularly some of the "Magic Seven" [11] - The ability to sell previously restricted chips to China will significantly boost gross margins for the next year [11][12] Investment Strategy - The company's investment strategy focuses on earnings rather than lagging economic data [13]

RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)BIG BREAKING 🚨FED says it still expects TWO rate cuts this year. https://t.co/ypuxAsIfE8 ...

BIG BREAKING 🚨FED says it still expects TWO rate cuts this year. https://t.co/ypuxAsIfE8 ...

Now we'll hear from Liz. I learned my lesson. Liz, final trade is what.It's financials. Okay, so I talked about the recession that never was. We've got economic resiliency.I think financials can benefit if we get those rate cuts. Valuations are not as bad as some other parts of the market and you need something to diversify that growth overweight. All right, there was another positive call on that group today.As a matter of fact, Steve Weiss, do tell your final trade. Uber like why not. I mean it's going to ...

Consumer Spending & Economic Outlook - Consumer spending remains resilient despite inflation and high credit card debt [5] - Consumers are shifting spending from services to goods due to increased goods prices, with core goods (excluding autos) increasing significantly month-over-month, reportedly at 6%, the highest level in a while [6] - The consumer will continue spending as long as they are employed, even with a slowing job market [7] - Concerns exist about the consumer, but some companies aren't seeing it [3] - Consumer spending through the end of July is up 5% [20] Market Dynamics & Investment Strategies - Fundamentals may be more important than momentum in the market [1] - High cash levels need to be deployed [2] - The market may be overly focused on mega-cap stocks [9] - The market is unusual, with a different cohort of investors less focused on fundamentals [19] - A significant portion (70%) of investment exposure is in big cap tech [22] Monetary Policy & Federal Reserve - Dovish Fed speak suggests potential for two rate cuts this year [2] - Rate cuts are coming, it's just a matter of when [8] Risks & Concerns - There's a danger of being complacent in the market [21] - Cracks in the consumer system could break out at any moment [12] - The labor market showing one more crack could force the market in the other direction [15]

Rate cuts are coming.Trillions to enter crypto soon.We're about to get rich! https://t.co/AZXB8hUijN ...

Economic Slowdown & Inflation - The economy is slowing, with housing services inflation gently declining, non-housing services inflation coming down, and wage growth decreasing [4][5] - Consumer spending is cooling, further indicating a slowdown in the real underlying economy [5] - The ultimate effects of tariffs on inflation are uncertain and may not be known for quarters or a year or more [5] - The average effective tariff being paid at the border is around 10%, well short of the 16% headline rate [7] Monetary Policy - It may become appropriate to start adjusting the federal funds rate in the near term due to the slowing economy [6] - Two rate cuts this year still seem reasonable, but the actual number could vary depending on the impact of tariffs on inflation [14][15] - If inflation really increases due to tariffs, the possibility of pausing or even raising rates again exists [15] - The FOMC is aware of the potential need to adjust course (cutting and then raising rates) due to the uncertain effects of tariffs [18][19] Data & Uncertainty - The effects of tariffs are taking longer to become clear, making policy decisions difficult [19] - Companies hoarded inventory in advance of tariffs, delaying the passing of costs onto customers and obscuring the immediate inflationary impact [10][17] - The BLS job numbers are subject to large revisions and declining survey response rates, making them less reliable [21][22] - Wage growth is declining, indicating a cooling labor market [23]