Strategy Note September 21, 2026 As the US stock market continues to endure September stagnation, we focus on a risk factor few strategists have talked about among headline-grabbing events. Over the first nine months of 2026, we have witnessed a fascinating macro paradox: a surging US stock market decoupling completely from the bond market. The … Read more
Weekly Market Recap – Week Ending April 10, 2026 U.S. equity markets continued to show constructive momentum this week, with broad-based gains across major ETFs led by strength in technology and industrial sectors. Growth-oriented funds such as the NASDAQ 100 ETF (QQQM) and Technology Select Sector SPDR (XLK) posted solid advances, while the industrial sector … Read more
After hearing for five years about the valuation bubbles that would cause QQQ and SPY to suffer imminent crashes, net cash flows from major institutions are starting to agree. Themes of rotation out of large cap US growth stocks and into small cap and/or value stocks and/or international stocks continue to dominate market commentary. The … Read more