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SECTOR ETFTLTIEFBEARISHIn depth · 4/5

Zortix matched this thesis to Rates & bonds ETFs as the exposure the bearish case argues against, most actionable for readers who already hold them. Not a recommendation.

Market underpricing chance of a Fed rate hike

The analyst argued the market's ~33% implied probability of a September Fed rate hike is too low, given persistent inflation pressures from AI demand, elevated refining margins, and tariffs.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE
Market underpricing chance of a Fed rate hike · Zortix