Wk26 MacroTechnicals - No Breadth of Fresh Air
Equities firm but leadership narrows as the Fed’s hawkish turn erodes breadth. Beneath the surface, Tighter conditions and AI-profit risks point to a fragile medium-term outlook.
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Wk35 Weekly MacroTechnicals - Oil Slicks the Long End
Failed Bessentvention, ATH crack spreads, Elevated inflation risks, Debasement skepticism
Wk34 MacroTechnicals - VIX Sleeps While Oil Creeps
Messy thematic signals - easing macro regimes and low VIX clashes with rising commodity prices
Wk33 MacroTechnicals - From Tantrums to Complacency...
Rates calmer but term premium higher, risk sentiment strong but overly complacent?
Wk32 MacroTechnicals - The Credibility Tantrum (That Was)
Long-end tantrum may be done for now