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Fed Holding "Firepower," Bitcoin All-Time High Rally Aids Dollar, Metals Bullish for U.S.

Fed Holding "Firepower," Bitcoin All-Time High Rally Aids Dollar, Metals Bullish for U.S.

Schwab Network · Schwab Network

July 11, 20257m 11s

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Show Notes

The Fed is waiting for something to break before issuing interest rate cuts, according to David Stryzewski. He argues unemployment claims tapping a 30-month low can be one trigger for the Fed if more weakness comes through the jobs and inflation picture next week. As the U.S. dollar slumps, David points to Bitcoin's all-time high rally as a counterbalance to its 4-year weakness. He also believes the 52-week high in silver isn't just good for A.I. chipmakers, but also for companies across the SPX.


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