According to ChainCatcher news, the well-known US financial services company Cantor Fitzgerald pointed out in its latest biweekly macroeconomic report that although the Federal Reserve plans to start a rate cut cycle in September, the core inflation rate has remained above 2% for four consecutive years, and there are still significant upside risks to inflation.
The institution advised investors to focus on Bitcoin and gold as hedging tools. Cantor Fitzgerald clearly stated: "Our view is to buy Bitcoin and gold to address the inflation theme."
Although the institution expects the stock market to rise before the end of the year, it believes that the medium-term outlook is not optimistic and may be a poor investment choice.