Steph McGovern

They're asking these questions around the equity side.

What about the bond market offerings that we're seeing coming thick and fast?

How much are you seeing just a desire to gain AI exposure from names like an Amazon that hasn't sold dollar-dominated debt in three years?

Yeah.

So, this is really interesting.

And I think it does point to this sort of almost insatiable demand.

I think that, you know, there are reasons to be cautious.

Again, you know, going back to that idea of making sure you question investments before jumping in is always a good idea.

And I think, you know, creating the bond sort of aspect of this trade is quite an interesting take on it and one that we'll be following closely.

Any calls on crypto?

Do you know, crypto is a really interesting one at the moment.

You know, I think we saw that rejection last week about 107 level.

But I think, you know, the fact that we've taken out some really key technical levels, the 50-week SMA was one that I was watching very closely.

We're seeing that institutional demand has really faded.

Long-term sellers, long-term holders are selling.

So, I think there's a lot of reason to be cautious.

That said, you know, I think the levels that we're holding around at the moment, that sort of 93,000, I think as long as that holds, then there could be potential issues.

if we see institutional demand return for a move higher.

But I think, you know, the market still feels a bit fragile after that massive liquidation event in early October, which is causing that reason for caution.

We like you talking technicals on simple moving averages.