The Dog Days of Summer
Our market outlook for the coming weeks and months
We will be hosting our first interactive market update Zoom call for subscribers on Tuesday, July 28th at 10:30am EST. Please put a hold on your calendar for this time and be on the look out for details that will be sent out in advance.
We have been writing about this trade idea in the chat but wanted to elaborate on it in detail. Despite all of the midterm seasonality talks to start the year, 2026 has played out far from the typical and expected. With midterms now just a few months away, we see a number of important trends converging across markets. This piece breaks down what those are in greater detail, when they will matter and what to do about them.
The following report lays out:
Summary.
Valuations.
Market internals.
Supply problem.
Fed dynamics, the fix and how to play.
Timeline and why now.
What this isn’t.
