RT JuanGalt.com (@JuanSGalt)Stablecoins: Genius Act Paves Way for Bitcoin to Dominate Global InfrastructureBig read from yours truly. Also an argument you might not like, but that's never the less quickly becoming a fact.Stablecoins are here, congress loves them, the U.S. needs them. If they are to exist and become the norm, they should be on top of Bitcoin.Here's why:https://t.co/DEaWO9VLP9 via @bitcoinmagazine ...

Market Overview - The Dow finished up 260 points, while the S&P 500 was down about 0.1% and the NASDAQ down approximately 0.3% [2][3] - Small caps, represented by the Russell 2000, ended the day up about 0.5% [2] - The financial sector (XLF) reached its first record high in two weeks [4] Sector Performance - Strong performers included staples, communication services, utilities, energy, materials, and healthcare [4] - Underperformers were in the industrials, tech, and consumer discretionary sectors [5] - Notable declines in the NASDAQ 100 included Broadcom down nearly 4% and Nvidia down 2.5% [5] Federal Reserve Insights - The Fed cut interest rates by 25 basis points and signaled two more cuts in 2025, aiming for a benchmark rate of 3.5% to 3.75% by year-end [25] - The Fed's dot plot showed a more dovish outlook compared to June, with most officials expecting easing this year [26][28] - GDP growth was revised up to 1.6% for 2026, with long-term growth expectations at 1.8% [29] Company-Specific Updates - Cracker Barrel reported fourth-quarter results with total revenue expectations between $3.35 billion to $3.45 billion, reflecting a comparable store traffic decline of 4% to 7% [33][34] - The company faced backlash over its rebranding efforts, leading to a 20% drop in shares [34] - Lyft's shares rose 13% following a partnership with Whimo to launch a robo-taxi service in Nashville [41] Investment Recommendations - Technology remains a favored sector due to ongoing capital expenditure cycles and strong cash flow generation [20] - Global infrastructure is highlighted as an underappreciated sector with inflation protection and yield potential [20] - Municipal bonds are recommended for fixed income investors, particularly municipal high yield, offering attractive taxable equivalent yields [22]