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The "Beijing Put" | Jason Hsu's Bull Case For Chinese Stocks

Forward Guidance

NOTE

Bitcoin as a Macro Asset for Hedging Against Government Devaluation

Bitcoin is establishing itself as a macro asset similar to gold, potentially serving as a hedge against government devaluation of currency. Investors can access Bitcoin through low-cost ETFs like the VanEck Bitcoin Trust, represented by the ticker symbol HODL. However, it's crucial to note that investing in the trust carries risks, as the value of Bitcoin and trust shares can be volatile, potentially even dropping to zero. Despite short-term concerns in the market, Chinese equities are viewed favorably in the long term due to the country's significant economic size and productivity. Investors foresee sustained growth and wealth creation in China, which is anticipated to positively impact the stock market over time.

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