← Invest Like the BestTrade on Hyperliquid →Trade on Hyperliquid →Trade on Hyperliquid →
“We're clearly in a sovereign debt bubble”
@Invest Like the Best
PTJ's insight is that easing-cycle inflows have pulled $500B+ of institutional demand forward into bonds, creating a temporary artificial floor. Once the easing cycle ends, that bid reverses and deficits have no natural buyer — the reckoning is deferred, not cancelled.
USBONDSHORTIDEA · NOT YET PRICED
“A good one right now in the making that's going to be interesting, I think, is dollar-yen. The yen's grossly undervalued, has been for some time. What's the…”
@Invest Like the Best
Yen set to rally hard as a Reagan-style new leader resets a grossly undervalued currency
JPYSHORT@ $162.81
$153.70+5.59%
since call May 15
peak +5.6%
“And what was, of all of them, what was the best one at that point in time? It was Bitcoin. Bitcoin is unequivocally the best inflation hedge that there is,…”
@Invest Like the Best
Bitcoin is the best inflation hedge there is, scarcer than gold, but vulnerable to cyber and quantum
BTCLONG@ $76,233.00
$62,924.50-17.46%
since call May 15
42:41SHORT
“Well, the problem is that if you buy the S&P at this current valuation, the 10-year forward returns negative when you buy with the S&P PE of 22. That's what…”
@Invest Like the Best
S&P delivers negative 10-year returns from here as valuation at 22x P/E guarantees mean reversion
SP500SHORT@ $7,213.57
$7,352.60-1.93%
since call May 15
TIMESTAMPS
watch
33:56
36:06
42:41