$Coinbase Global, Inc.(COIN)$ would likely benefit from a rate cut as lower interest rates make riskier assets like cryptocurrencies more attractive, potentially driving up demand and prices. This could lead to increased trading activity and revenue for Coinbase. Additionally, rate cuts can boost risk-asset prices, including cryptocurrencies, which Coinbase has a vested interest in.
Modified in.09-14
Market Down 3 Days! Valuations Too High: Would You Hedge?
U.S. stocks have fallen for three consecutive days, with all three major indexes giving back their post-Fed September meeting gains. Strong economic data has added uncertainty to the future rate-cut path, while tech giants continue to show weakness.
1. Do you think this is a healthy pullback?
2. Do you agree with Powell that U.S. equities are overvalued?
3. Can upcoming earnings season justify the current lofty valuations?
4. Would you choose to take some profits or fully hedge your portfolio?
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