July 31, 2025
Here’s what was covered in episode 328:
Macro Musings - With Gerardo in Costa Rica, Nick and Chris dive deep into macro events shaping the market. They cover the Fed’s “nothing burger” July meeting and the odds of a September rate cut falling below 50%. Gold dipped below $2,300 on the news, but Nick sees the reaction as temporary. Copper also sold off after Trump walked back a planned 50% tariff on refined products—what Nick calls “taco-ing.” The long-term copper bull thesis remains intact, with structural deficits and demand from AI, energy transition, and infrastructure still driving the story. The team also breaks down the massive new trade deal with the EU—lowering tariffs, boosting U.S. energy exports, and repositioning America as Europe’s key supplier.
Market Takes - Chris breaks down why Bitcoin surged from $100,000 to $122,000: halving dynamics, M2 growth, institutional demand, and a supply crunch. Despite a Galaxy Digital selloff, the bull market remains intact. Ethereum is surging too—Nick is up 60% on his ETH ETF—and Chris expects ETH to hit new all-time highs later this year, triggering the next alt season. The two also cover the Genius Act, Project Crypto, and the rise of stablecoins like USDC and USDT—all bullish for Ethereum. Circle, the newly public U.S.-based stablecoin issuer, is highlighted as a prime beneficiary of the trend.
Bizarro Banter - The Internet is ablaze over a hot chick in jeans. Nick and Chris weigh in on the Sydney Sweeney–American Eagle ad campaign, backlash from woke critics, and how a viral denim ad may signal the beginning of the end for woke corporate culture. American Eagle added hundreds of millions in market cap after the ad dropped. “This wouldn’t have been controversial at all when we were growing up,” says Chris. “It’s exhausting—and most people are tired of it.”
Premium Portfolio Picks -
July 31, 2025
Here’s what was covered in episode 328:
Macro Musings - With Gerardo in Costa Rica, Nick and Chris dive deep into macro events shaping the market. They cover the Fed’s “nothing burger” July meeting and the odds of a September rate cut falling below 50%. Gold dipped below $2,300 on the news, but Nick sees the reaction as temporary. Copper also sold off after Trump walked back a planned 50% tariff on refined products—what Nick calls “taco-ing.” The long-term copper bull thesis remains intact, with structural deficits and demand from AI, energy transition, and infrastructure still driving the story. The team also breaks down the massive new trade deal with the EU—lowering tariffs, boosting U.S. energy exports, and repositioning America as Europe’s key supplier.
Market Takes - Chris breaks down why Bitcoin surged from $100,000 to $122,000: halving dynamics, M2 growth, institutional demand, and a supply crunch. Despite a Galaxy Digital selloff, the bull market remains intact. Ethereum is surging too—Nick is up 60% on his ETH ETF—and Chris expects ETH to hit new all-time highs later this year, triggering the next alt season. The two also cover the Genius Act, Project Crypto, and the rise of stablecoins like USDC and USDT—all bullish for Ethereum. Circle, the newly public U.S.-based stablecoin issuer, is highlighted as a prime beneficiary of the trend.
Bizarro Banter - The Internet is ablaze over a hot chick in jeans. Nick and Chris weigh in on the Sydney Sweeney–American Eagle ad campaign, backlash from woke critics, and how a viral denim ad may signal the beginning of the end for woke corporate culture. American Eagle added hundreds of millions in market cap after the ad dropped. “This wouldn’t have been controversial at all when we were growing up,” says Chris. “It’s exhausting—and most people are tired of it.”
Premium Portfolio Picks -
July 31, 2025
Here’s what was covered in episode 328:
Macro Musings - With Gerardo in Costa Rica, Nick and Chris dive deep into macro events shaping the market. They cover the Fed’s “nothing burger” July meeting and the odds of a September rate cut falling below 50%. Gold dipped below $2,300 on the news, but Nick sees the reaction as temporary. Copper also sold off after Trump walked back a planned 50% tariff on refined products—what Nick calls “taco-ing.” The long-term copper bull thesis remains intact, with structural deficits and demand from AI, energy transition, and infrastructure still driving the story. The team also breaks down the massive new trade deal with the EU—lowering tariffs, boosting U.S. energy exports, and repositioning America as Europe’s key supplier.
Market Takes - Chris breaks down why Bitcoin surged from $100,000 to $122,000: halving dynamics, M2 growth, institutional demand, and a supply crunch. Despite a Galaxy Digital selloff, the bull market remains intact. Ethereum is surging too—Nick is up 60% on his ETH ETF—and Chris expects ETH to hit new all-time highs later this year, triggering the next alt season. The two also cover the Genius Act, Project Crypto, and the rise of stablecoins like USDC and USDT—all bullish for Ethereum. Circle, the newly public U.S.-based stablecoin issuer, is highlighted as a prime beneficiary of the trend.
Bizarro Banter - The Internet is ablaze over a hot chick in jeans. Nick and Chris weigh in on the Sydney Sweeney–American Eagle ad campaign, backlash from woke critics, and how a viral denim ad may signal the beginning of the end for woke corporate culture. American Eagle added hundreds of millions in market cap after the ad dropped. “This wouldn’t have been controversial at all when we were growing up,” says Chris. “It’s exhausting—and most people are tired of it.”
Premium Portfolio Picks -