James Thorne on Why Wall Street Is Wrong About Rising Rates

James Thorne, chief market strategist at Wellington Altus, joins Trading Trends with a contrarian read on the market. His big idea is that for the first time in a generation the private sector, not the Fed, will set interest rates. In his view the jump in yields is not runaway inflation or a credit crisis, it is big tech shifting from a provider of capital to a huge demander of it through AI spending. Thorne thinks the fear around AI CapEx is overblown and expects the revenue to catch up. He shares his rule of letting the charts lead and then doing the fundamental work, calls Apple chicken tech where nervous money is hiding, and makes a contrarian case for Bitcoin. None of this is a trade recommendation. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 A new era after the Fed meeting 00:42 Why the private sector sets rates now 02:36 Big tech flips to demanding capital 03:06 Is the AI CapEx fear overblown 04:33 The massive new data centers 05:33 Support levels and moving averages 06:11 The 200 week Munger rule 06:42 A contrarian case for Bitcoin 07:26 Never buy parabolic charts 08:24 Why Apple is chicken tech 10:17 Short compute memory and power 11:35 Watching Apple into earnings #tastylive #optionstrading #federalreserve #interestrates #jamesthorne #aitrade #bitcoin #applestock #macro #tradingtrends tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.