Discovering contrarian views on non-farm payrolls

Financial markets are often counterintuitive. The debate over "interest rate cuts and balance sheet contraction" has never ceased from Wash's nomination to his appointment. The essence is the competitive relationship between government debt and private debt. In the past two months, government debt has given way, and private debt has gained the upper hand.

The U.S. stock market continues to hit new highs, while U.S. bond yields remain high. After going around in circles, the focus has shifted back to the Nasdaq index. The expansion of private debt in this round relies on AI-related investments, which are in turn tied to the U.S. stock market.$SpaceX(SPCX.US) $VanEck Semiconductor ETF(SMH.US) $NVIDIA(NVDA.US) $Tesla(TSLA.US)