This report reflects the discussions and views shared during our RA meeting. These are personal opinions of the team members and should not be interpreted as financial or trading advice. Readers should conduct their own research and consult with financial advisors before making any investment decisions.

Executive Summary

🔵 Overall Stance: The team shows divergent views with a clear split between cautious and optimistic positioning following recent market developments. The team maintains a "slightly bullish" stance, having trimmed a bit of short term trades while being spot long the majors and farming stables. A few analysts are more bullish short term than others but most of the RAs have a constructive tilt into 2025...