The Rollup Why This Is The Most Bullish Macro Backdrop Ever with Felix Jauvin
11 snips
Oct 8, 2025 
Felix Jauvin, a macro commentator and host of Forward Guidance, dives into the shifting landscape of finance and investments. He shares insights on the debasement trade and how gold and Bitcoin are benefiting from the same macro trends. Jauvin discusses Trump's potential Fed takeover, the impact of tariffs, and the rising prominence of stablecoins in replacing traditional banking. He also critiques why value investing is faltering in today’s market while offering strategies for navigating expensive assets.
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Fiscal Dominance And The Debasement Regime
- Fiscal dominance is returning as governments favor big deficits and central banks ease, creating a debasement trade.
- Felix argues this regime shift makes nominal assets and debasement hedges (gold, Bitcoin) strong performers.
Use Market Structure To Time Rotations
- Watch market structure signals like seasonality and technical consolidation before rotating between Bitcoin and gold.
- Use price action and technical setup to time transitions, as Felix did from Bitcoin into gold.
Regulatory Shocks Can Trigger Technical Bottoms
- Idiosyncratic regulatory news caused crypto's September bottom, not macro alone.
- Felix says the SEC probe of digital asset treasury firms triggered a front-run sell-off that marked the low.
