The founder of the world's largest hedge fund just dropped his roadmap for 2026.
We ran it through Sidekick to break down the key takeaways and where he’s positioning as markets shift. Here’s the breakdown: Source: TrendSpider @TrendSpider
CONTRARIAN ALTERT >>>
BofA’s Bull & Bear indicator has moved into Extreme Bullish territory, rising to 8.5 from 7.9 and triggering a contrarian sell signal for risk assets. Readings above 8.0 have often preceded pullbacks, with global equities declining a median 2.7% over the following 2 months, with a 63% hit rate. Source; HolgerZ, BofA
Markets are more dovish than the Fed
Source: Bloomberg
How far can this go?
Investors are in "all-in mode", as NYSE available cash as a percentage of market cap has just reached its lowest level ever. Source: Guilherme Tavares i3 invest
Total Put/Call Ratio fell to 0.70 on Friday, one of the lowest levels in the last 4 years 👀
Source: Barchart
Before 2011, VIX never retraced 40% in two weeks…
It’s happened five times in the past twelve months. Source: The Market Ear @themarketear
Key events for the week ahead...
FOMC set for a third straight 25bp cut...while RBA, BoC & SNB should stand pat...JOLTS & UK GDP highlight the data docket...while a chunky slate of Treasury supply awaits... ORCL & AVGO highlight the earnings calendar... Source: Pepperstone
Boring Investing Still Works
"Introducing more complexity into your portfolio can make it much harder to manage. The fees are higher, they’re more illiquid, it’s harder to rebalance, and there isn’t nearly as much transparency." Source: Ritholtz @RitholtzWealth NYU
