What Meet Kevin said in this video:
- Bonds & Ratespositive for stocksThe host believes the 10-year Treasury yield topped at 5.27; despite hot inflation data, fear around the AI trade is driving investors into risk-free 5% yields, pushing yields down.Source
- AVGOneutralThe host mentions Broadcom as part of the AI capex suckening 2.0, raising capital alongside SpaceX and Oracle and creating nervousness, but gives no directional view on Broadcom shares.Source
- OtherneutralThe host mentions SpaceX as raising capital alongside Broadcom and Oracle, contributing to the AI capex suckening, but gives no directional view (SpaceX is not a US-listed instrument).Source
- ORCLneutralThe host thinks Oracle will still announce $140 billion of money raising and is one of the names driving the AI capex suckening, but states no directional view on Oracle shares.Source
- AI Capexnegative for stocksThe host believes the AI capex cycle—capital raising by SpaceX, Broadcom and Oracle—creates a liquidity suck, spawning hardware volatility and typically hardware downside, setting the market up negatively until an Iran deal.Source
- Geopoliticsnegative for stocksshort-termThe host does not expect an Iran deal until the 20th to the 27th, setting the market up negatively in the near term; however, if stocks fall further, Trump is more likely to sign a deal faster, after which stocks and bonds should rocket.Source
- TLTbullishThe host is bullish on TLT, expecting the AI-trade-driven suckening to push money into bonds; TLT at current levels is attractive, and its long-term floor at 78.77 has been well respected.Source