The Lead-Lag Report

The Lead-Lag Report

Macro Observations

A note for readers near the 90-day mark

Michael A. Gayed, CFA's avatar
Michael A. Gayed, CFA
May 05, 2026
∙ Paid

If you have been on the comp list for 2-3 months, you have seen the framework in action across a few market regimes by now. The comp was a relationship gesture - a way to say 'try the work, no friction'. The math underneath is the part that gets paywalled: the Monday Weekly Signals positioning calls, the Thursday companion, and the full archive of 1,694…

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