Cantor Fitzgerald points out that inflation issues will continue to pose challenges and present significant upside risks.
According to a report released by Cantor Fitzgerald on Tuesday, inflation issues will continue to pose challenges and present significant upside risks. The report also suggests that investors pay attention to gold and bitcoin as potential investments to combat inflation. Despite the interest rate cuts by the Federal Reserve in September, core inflation has remained above 2% for four consecutive years, indicating significant inflationary pressure. Additionally, Cantor Fitzgerald predicts that the stock market will rise before the end of the year, but the mid-term outlook is not optimistic and may prove to be a poor investment choice.
Specifically, Cantor Fitzgerald reiterated its concerns about the upward risks of inflation, highlighting that even with core inflation persistently above 2%, inflation risks remain significant. In response to this challenge, the financial institution advises investors to take proactive measures, with gold and bitcoin seen as effective tools against inflation. Cantor Fitzgerald clearly states: "Our view is to buy bitcoin and gold to address the inflation theme."
To assist investors with similar views, the report also lists a series of gold and bitcoin-related exchange-traded funds (ETFs) that can be further monitored.
Among them, bitcoin ETFs include iShares Bitcoin Trust (IBIT.US), ARK 21Shares Bitcoin ETF (ARKB.US), grayscale bitcoin trust(GBTC.US), CoinShares Valkyrie Bitcoin Fund (BRRR.US), Invesco Galaxy Bitcoin ETF (BTCO.US), VanEck Bitcoin Trust (HODL.US), WisdomTree Bitcoin Fund (BTCW.US), Fidelity Wise Origin Bitcoin Trust (FBTC.US), Bitwise Bitcoin ETP Trust (BITB.US), Franklin Bitcoin ETF (EZBC.US), and others;
Gold ETFs include SPDR Gold Shares (GLD.US), iShares Gold Trust (IAU.US), abrdn Physical Gold Shares ETF (SGOL.US), VanEck Merk Gold ETF (OUNZ.US), GraniteShares Gold Trust (BAR.US), SPDR Gold MiniShares (GLDM.US), goldman sachs physical gold etf(AAAU.US), etc.
Furthermore, for investors looking to participate more broadly in the gold market, the report also recommends VanEck Vectors Gold Miners ETF (GDX.US), VanEck Junior Gold Miners ETF (GDXJ.US), Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US), ishares inc msci global gold miners etf (RING.US), Sprott Gold Miners ETF (SGDM.US), Global X Golden Explorers ETF (GOEX.US), Sprott Junior Gold Miners ETF (SGDJ.US), and Direxion Daily Gold Miners Index Bear 2X Shares (DUST.US), among other gold mining ETFs.