@PiperSandler’s chief strategist Michael Kantrowitz remains bullish on equities despite AI bubble concerns, citing soft labor data and Fed rate cuts as factors for a sustainable market rotation. #Update #Crypto $BTC (+5) ↗
Billionaire Ray Dalio warns that the market is in a bubble, citing early warning signs and cracks in private equity and venture capital. He emphasizes the need to monitor for tightening monetary policy as a potential trigger. #Update #Crypto $BTC
Morgan Stanley’s Mike Wilson warns that weak job data may prompt the Federal Reserve to cut rates, potentially creating an asset bubble as S&P earnings grow nearly 10% #Update #Crypto $BTC
