Scouting the Tape #29 - Aug 15, 2026
(Unique) macro idea generation and (insightful) market thoughts.
I hope everyone is having a nice summer and has some time off planned between now and Labor Day. It’s a bit of a weird schedule this year with Labor Day falling on the last possible day (September 7th). Next week is light on the data and then we get Kevin Warsh’s Jackson Hole speech to end the month the following week. These low volatility and low trading volume periods are perfect for recharging the batteries. They are a time to refine and strengthen long-term views and less so on the trading front.
This week’s issue covers:
Economic update.
FX update.
PGM idea.
Equity idea.
Asset allocation thoughts.
