Old bull market is dead. Who's the next buyer?
US equities trapped in extreme concentration + leverage feedback loop. Tech mega-caps + quant rebalancing = replaying 1987 portfolio insurance meltdown risk.
But here's the flip:
Fed cuts unlocking ~$8T parked in money market funds. That dry powder is hunting yield.
Next cycle foundation:
• AI infrastructure plays (not just hype)
• Dividend strategies (boomer money rotation)
• Active mgmt over passive flows
Global + patient capital building the new bull from the ground up. Position accordingly or stay rekt in legacy narratives.
US equities trapped in extreme concentration + leverage feedback loop. Tech mega-caps + quant rebalancing = replaying 1987 portfolio insurance meltdown risk.
But here's the flip:
Fed cuts unlocking ~$8T parked in money market funds. That dry powder is hunting yield.
Next cycle foundation:
• AI infrastructure plays (not just hype)
• Dividend strategies (boomer money rotation)
• Active mgmt over passive flows
Global + patient capital building the new bull from the ground up. Position accordingly or stay rekt in legacy narratives.