Newsletter
Every week, I publish The Lead-Lag Report. Thousands of you read the free version. And that's great — I'm glad the macro frameworks and market context are useful. Subscribe But here's what you're not seeing. The free portion of each report gives
Global View
Small Caps Surge, Hormuz Stays Shut, and Seven Central Banks Walk Into a Bar
Leaders-Laggards
Negative Payrolls, $100 Oil, and a Market That Wants Nothing to Do With Risk
Newsletter
And It’s Happening in Less Than 2 Hours
Newsletter
Running Oak Capital on Bubble Risk, AI Overcapacity, and Why Efficient Growth Matters Now
Newsletter
Three of four intermarket signals remain Risk-Off as the US-Iran war disrupts global energy markets. The S&P 500 clings to its 200-day moving average — the last line of technical defense.
Newsletter
Seats are filling up. If you’re at Future Proof, don’t miss this.
Global View
Oil, Iran, and a Jobs Number That Changes Everything
Macro Observations
The speed of the move in crude determines whether it feeds inflation expectations or destroys demand. History is unambiguous about which one precedes recession.
Newsletter
You’re already showing up. Now decide how you want to be seen.
High Yield Spotlight
But The Premium And Leverage Deserve A Harder Look
Newsletter
Plus, A New Geopolitical Risk Reshuffles The Deck