Momentum Shock: What Next For Markets?

In this episode of The Macro Trading Floor, Alfonso and Brent analyze current market trends, noting a divergence where traditional indicators are failing and momentum drives asset movement, particularly in precious metals and "shitcos." They discuss the potential end of this momentum phase, look ahead to the upcoming CPI data release, and debate its likely impact. Alfonso shares a longer-term perspective, emphasizing the influence of money creation and central bank policies on asset values, while Brent suggests strategies for capitalizing on potential market corrections. They also review listener trade ideas, including shorting the NASDAQ and longing copper, providing detailed analysis and alternative viewpoints.