Newsletter
Key Highlights * The U.S. economy is showing multiple late-cycle signals, including slowing growth, a persistent yield-curve inversion, and weakening leading indicators.¹²³ * Late-cycle environments increase the risk of sudden market reversals, making static portfolio allocations more vulnerable. * Tactical allocation funds like the ATAC Rotation Fund (Ticker: ATACX)
High Yield Spotlight
Warren Buffett’s Berkshire Hathaway has built one of the greatest long-term track records in market history, yet it has never paid a dividend. Buffett has consistently argued that reinvesting capital internally creates more value than distributing cash to shareholders. For investors who prioritize income, that philosophy has always
Global View
Shifting Leadership in a Steady U.S. Backdrop
Newsletter
A Free, Community-Driven Network for Financial Advisors
Leaders-Laggards
Key Highlights * Investor positioning is shifting toward consumer staples as volatility rises and earnings visibility fades. * Pricing power and brand loyalty are allowing select staples companies to defend margins despite slower growth. * Essential household goods, food, tobacco, and discount retail historically outperform during market corrections. * Predictable cash flows and durable
Macro Observations
Headlines vs. Market Reality
Lead-Lag Live
In the latest episode of Lead‑Lag Live, host Melanie Schaffer sat down with Luke Lloyd, President and CEO of Lloyd Financial Group, to unpack a theme that increasingly defines modern markets: liquidity first, fundamentals second, and government backstops everywhere. Lloyd framed today’s environment as a “bailout economy,” where
Lead-Lag Live
Markets no longer operate in a geopolitical vacuum. Trade tensions, technology rivalry, supply-chain security, and national defense priorities have become central forces shaping capital allocation. In the latest episode of Lead-Lag Live, host Melanie Schaffer sat down with Aram Babikian, Head of Xtrackers Wealth at DWS, to explore
Weekly Signals
Is This Really About Greenland?
Closing Thoughts for the Week
Will Politics Break the Fed’s Resolve?
Macro Observations
Investors Are Underestimating Inflation Risk
Newsletter
Key Highlights * FMKT offers a concentrated, actively managed alternative to broad index investing by targeting companies most sensitive to deregulation. * Unlike the S&P 500, FMKT intentionally emphasizes sectors such as energy, financials, industrials, and healthcare, where regulatory shifts can materially affect profitability. * Broad market indices can mask concentration