This week, we discuss the government shutdown and market melt-up, Paul Tudor Jones’ blow off bull market call, an update to the gold trade, the AI CapEx boom and its circular financing, and Quinn’s ETH bull thesis. Enjoy!

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https://blockworks.co/event/digital-asset-summit-2025-london

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Weekly Roundup Charts: https://drive.google.com/file/d/1Quf3Gf0AY0s6xyHJMmAGZeaZr-quBame/view?usp=sharing

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This Forward Guidance episode is brought to you by VanEck.

Learn more about the VanEck Semiconductor ETF (SMH):

http://vaneck.com/SMHFelix

Learn more about the VanEck Fabless Semiconductor ETF (SMHX):

vaneck.com/SMHXFelix

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Timestamps:

(00:00) Introduction

(03:43) Government Shutdown

(05:45) Realized Vol Tailwinds

(08:43) Gearing Up for Earnings Season

(11:12) Navigating the Melt Up

(12:57) VanEck Ad

(13:42) It’s Okay to Change Your Mind

(21:27) Markets Are Political

(26:44) The Gold Trade

(34:43) VanEck Ad

(35:23) The Gold Trade

(36:36) AI is the Market

(43:53) The ETH Thesis

(51:48) Retail Market Evolution

(56:41) Final Thoughts

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Disclaimer: Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

#Macro #Investing #Markets #ForwardGuidance

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