20 days into 2026 and the Dalio playbook is already crushing
Metals, Defense, EMs, Europe outperforming. US stocks and long bonds lagging. Source: TrendSpider TrendSpider LLC
S&P 500 $SPX remains stuck and continues trading the "eternal" range. Resistance 7000, supports: 6800, 6600 (futures)
Source: TME
Korea's market cap (in white) is about to top Germany's (in blue) on this massive AI rally
Source: David Ingles, Bloomberg
Is Gold Still the Go-To Fear Hedge
Better hashtag#hedge alternatives? hashtag#Gold as the global fear hedge looks expensive relative to the VIX. Volatility remains somewhat elevated despite the recent pullback tied to the Greenland/Trump headlines, but chasing gold here as protection looks late. Source: TME
Cathie Wood's Ark invest predicts digitalassets could reach $28 trillion by 2030, with Bitcoin dominating at $16 trillion by 2030.
Source: Cointelegraph
Emerging Market stocks now outperforming U.S. equities by the largest margin since 2023
Source: Barchart
The BofA’s Bull & Bear Indicator is still flashing a sell signal (i.e too much bullishness = contrarian sell signal)
Indicators covered: 1) Hedge fund positioning: Bullish 2) Equity inflow: Very Bullish 3) Bond inflows: Bullish 4) Credit market technicals: Bullish 5) Global stock index breadth: Very Bullish 6) FMS global fund manager positioning: Very Bullish Source: BofA, Global Markets Investor
Us inflation is now at 1.2% according to truflation
Source: Anthony Pompliano
