A Sign to Go Risk-On?

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A Sign to Go Risk-On?

In this episode, we will cover:

• Unemployment is at its highest since November 2021, indicating a slowing economy and a potential decrease in inflation.
• Wage growth is slowing, with June's annual rate at 3.9%, matching market expectations.
• A September rate cut is likely, with a 75% probability for a cut, divided between 50 and 25 basis points.
• The US dollar index shows seven weeks of weakness, signaling a risk-on environment for investors.
• Lower demand for US dollars and falling treasury yields make equities and risk assets more attractive.
• Tesla stock has surged 45% in the last month after three years of consolidation, indicating potential for further growth.
• Upcoming catalysts for Tesla include the August 8th Robotaxi event and possible self-driving technology licensing announcements.
• BYD is a competitor but lacks equivalent full self-driving technology and diverse business areas compared to Tesla.
• Key upcoming events.
• Tesla shorts and hedge fund positions, with advice on maintaining strong conviction in your investments despite professional opinions.
• Importance of community engagement, and portfolio tracking.

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DISCLAIMER

Anything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your due diligence before making any investment decisions.