As the first month of 2026 unfolds, a dramatic shift in market leadership is reshaping investor portfolios. For years, the dominant narrative was the unstoppable ascent of mega-cap technology, but by January 23, 2026, that story has encountered a significant rewrite. Investors are aggressively rotating out of high-flying AI and
Election out of the way. Fed out of the way. Q3 earnings season is mostly over. Not many catalysts for a while. And that’s just the way I like it. Markets need to calm down and digest. Investors’ emotions need to recover. It’s been a whirlwind.
The markets haven’t been all that exciting this week. Choose your analogy. Watching paint dry. Watching grass grow. I chose the former since I am in full grass planting mode and it better grow quickly next week after the sun, rain and warmth coming.
Investors want to make money in markets, but sometimes it’s easier to make money by focusing less on economic reports and the Fed and instead think about the big picture more.
Looking forward, two alternative strategies - a currency play and an inflation hedge - point to two different return prospects for the remainder of the year.
Inventories of aluminum, copper, nickel, and zinc, four of the main contracts traded on the London Metal Exchange, have plunged by up to 70% over the past year, as record power...
Many experts predicted that inflation would cool off in spring as supply chains improve after pandemic-driven disruptions. It now appears that higher inflation could persist for longer.
In the inflationary “bull era” underway now, a divergence is already apparent; commodities are surging as central banks tighten, and Western stock markets are tumbling.
