SENTIMENT CAPITULATION.
THE COST OF OPPORTUNITY — and What HISTORY Says.
In today’s report:
JULY AND Q3 ARE UNDERWAY…
Today I want to update on many important themes, including:
Semiconductors, Factors(!!), Sentiment, MAG7, China Tech, Metals, our TOP FX setup, and a new Thematic Long that could be a valuable addition to diversified portfolios.
PLUS some critical new topics:
✅ Institutional investors are CAPITULATING — what does HISTORY say?
✅ A *Rare* Signal: what it means for asset allocation today, and important charts showing *correlated* risks.
These are massive themes that could dominate the rest of 2026…
Have a great week ahead!
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