According to @KobeissiLetter, continued rate cuts amid stagflation are fueling nominal appreciation across asset classes, making asset ownership the primary hedge against a widening wealth gap; source: @KobeissiLetter. For trading, this stance favors staying allocated to broad assets rather than idle cash and monitoring policy easing signals and inflation data to gauge the strength of the nominal upswing; source: @KobeissiLetter. Crypto participants track the same liquidity regime because correlations between crypto and equities increased notably after 2020, linking digital asset performance more closely to monetary conditions; source: International Monetary Fund (2022).