The Bear Market Hiding Beneath The Calm Surface
2026-03-20
Many investors consider a 20% drawdown or more to be a bear market. Based solely on that definition, the table below, courtesy of Morgan Stanley, shows that 42%, or over 200 of the S&P 500 members, are in a bear market. For context, the S&P 500 is only down 4% from its 52-week record high, …
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ISM Manufacturing Supports Reflationary Forecasts
2026-02-04
Over the last couple of weeks, we have shared evidence that supports the reflationary narrative and some that defies it. Today, we share the latest ISM Manufacturing data, which lends credence to the reflationary narrative. The ISM Manufacturing survey showed a big improvement in sentiment, as shown below. The gauge shot up 4.7 to 52.6, …
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Private Credit Funds Falling Out Of Favor
2026-02-03
Private credit funds were all the rage in 2024 and 2025 as institutional and high-net-worth retail investors sought more risk and higher returns. Over the last few months, that trend has started reversing. The FT reports that private credit investors pulled more than $7 billion from some of the biggest private credit funds in the …
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Bears Are An Endangered Species
2026-01-31
🔎 At a Glance 🏛️ Market Brief – Market Volatility Returns Markets ended the week mixed as investors processed the Federal Reserve’s latest policy decision, rising geopolitical tensions, and the early results of the S&P 500 earnings season. The Fed held the federal funds rate steady at 3.50–3.75 percent, as expected. Chair Jerome Powell maintained …
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1-28-26 The Narrative Trap: How Investors Justify Buying Silver Higher
2026-01-28
$SLV rally is fueled by narrative and retail chasing.
Historically, it ended with painful mean reversion.
In this short video, I discuss why investors justify buying #silver higher, how psychology overrides fundamentals, and why parabolic moves in industrial metals rarely last. $GLD
📺Full episode: -IGAw
Catch me daily on The Real Investment Show: https://www.youtube.com/@TheRealInvestmentShow
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