Bitcoin Magazine published an interview with StoneX Global Macro Director Vincent Deluard focused on French bond market contagion risk and the outlook for Bitcoin.
In the program description, Deluard said Treasury yields, oil prices and the yen carry trade are all approaching a breaking point, and equities could be the next market segment to come under pressure. He argued that markets should hold up through the midterms and the Anthropic IPO, but said AI capital expenditure cannot keep doubling forever.
On positioning, Deluard said he plans to turn bearish on stocks after November while remaining bullish on Bitcoin and gold.
Main topics listed in the episode
The page breaks the discussion into a series of chapters covering macro and crypto-related themes:
- Why rising Treasury yields point to long-term dollar debasement
- Whether AI and robotics can grow the U.S. out of its debt problem
- Bitcoin versus gold as a hedge against debasement
- What daily tax collection data says about the U.S. economy
- France’s bond market crisis and its debt problem
- Eurozone contagion risk and the case for shorting the euro
- Yen, oil and Treasury yields as three signals nearing a breaking point
- Top-heavy stocks, the Anthropic IPO and the risk of a post-midterm sell-off
- The return of QE and why it is bullish for Bitcoin and gold
- Bitcoin price outlook for the next two years
Disclaimer and byline
Bitcoin Magazine said the views and opinions expressed in the show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or affiliated entities. It also said the content is provided for informational and educational purposes only and should not be construed as investment, legal, tax or accounting advice, or as a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments.
The page adds that viewers should consult their own advisors before making financial or business decisions.
The post first appeared on Bitcoin Magazine and is written by Patrick Green.