Andrew Puzder

Bitcoin will break its all-time high this year (2026) because the liquidity cycle, supported by expanding global M2, rising ISM manufacturing PMI (which has held above 52 and is trending toward 60), a weakening US dollar, a Russell 2000 breakout, strong ETF and institutional inflows, and growing stablecoin supply, overrides the traditional halving cycle. Price target around $250k, with the peak likely around October 2026. Puz is personally positioned for this outcome and plans to sell before the US midterm elections.

Ambassador Puzder states Germany's GDP per capita is lower than Virginia's and compares European economies to US states like Mississippi. He explicitly mentions Europe is "deindustrializing" due to energy policies. The US is securing critical minerals and ramping up AI energy production, while Europe is shackled by regulation and high energy costs. Capital will continue to flow from EU industrials to US tech/industrials. SHORT European Industrials/Equities relative to US peers. A surprise reversal in EU energy policy or a trade deal that disproportionately benefits EU exporters.