Daily Newsletter 12/03/25

Gold holds near record levels as a safe-haven asset and dollar hedge, following a brief pullback.

Bitcoin extends its rebound from the recent October-November selloff.

Our takeaway:

Fiscal stimulus will boost the economy early in the year, partially offset by tariffs, while lower rates from an expected more dovish Fed chair like Kevin Hassett broaden earnings growth. Long bond yields may stay range-bound or rise as short rates decline, with commodity indexes signaling early strength.

Are we concerned about overvaluation and tech dominance? Yes. Developments like foreign pension funds dumping U.S. tech and AI stocks due to bubble fears heighten worries.

In our view, rather than debating an AI bubble, we focus on: How will this uptrend continue, and is there any macro, geopolitical factor, or threat poised to reverse direction?

OUR TRADES

We share all our short-term trades in the Tactical Portfolio exclusively with paid subscribers, showing the exact entry time and price for every trade below. Subscribers receive timely buy and sell alerts via chat. Our approach is eclectic, blending macroeconomic insights with a quantitative methodology. We do not limit ourselves to specific markets or sectors, seeking to profit from any short or very short trade that fits our strategy. We use sophisticated option strategies to capitalize on short-term market movements, ensuring full transparency and prompt exit updates.