TechFlow reported on November 27 that Cantor Fitzgerald, a prominent U.S. financial services firm, stated in its latest biweekly macro report that although the Federal Reserve plans to begin a rate-cutting cycle in September, core inflation has remained above 2% for four consecutive years, and upside risks to inflation pressures remain significant. The firm recommends investors consider Bitcoin and gold as hedging instruments. Cantor Fitzgerald explicitly stated: "Our view is to buy Bitcoin and gold as a hedge against the inflation theme."
The report recommends several Bitcoin ETFs, including iShares Bitcoin Trust (IBIT), Grayscale Bitcoin Trust (GBTC), and eight other funds. It also suggests paying attention to gold ETFs such as SPDR Gold Shares (GLD). While the firm expects equities to rise by year-end, it views the medium-term outlook as unattractive, making stocks potentially a less favorable investment choice.
