SPECIAL REPORT: Core Framework Update

Evaluating the *NEXT BIG MOVE*.

In the last Core Framework series:

✅ We covered major themes for 2026: Equities, Commodities, Rates, and the Dollar.

✅ We saw value in OIL & ENERGY, the potential for a DOLLAR recovery, and a risky setup for PRECIOUS METALS and BONDS.

✅ Looking back, our views were directionally correct — and some went a lot more than expected (Commodities especially).

Overall, a solid start to the year…

It’s time to update the big picture again:

Putting new ideas in motion, and looking for the next big move.

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In this report:

This was an important week for markets.

✅ Publishing our new CORE FRAMEWORK UPDATE, with Macro analysis and medium-term opportunities/risks to consider.

✅ Planting seeds for what may be the *next* big investment ideas of the year.

Let’s look into:

✅ What are markets pricing today?

✅ What could they look like in 6-12 months?

✅ How can we “skate to where the puck will be”?

Onwards and upwards — have a nice weekend.

Let’s get started: