Weekly Strategic Recap
The threads that ran across the week rather than a single session — what the market actually repriced, and what it left unresolved.
- WEEKLY RECAP17 Aug 2026 – 24 Aug 2026
The Week the Bond Market Wrote the Script: $40 Trillion, a Duration Rout, and an AI Trade Financing Itself on Credit
For four sessions this week, the story that mattered was not earnings, not the Federal Reserve, and not even artificial intelligence. It was the price of long-dated government debt. Bund yields pierced their 2011 highs on Tuesday, long-end
- WEEKLY RECAP10 Aug 2026 – 17 Aug 2026
Disinflation Confirmed, Conviction Withheld: The AI Trade Splits Along Balance-Sheet Lines
The week's macro question was answered and then promptly set aside. July CPI landed in line — headline up 0.1%, core 0.2%, the annual rate at 3.4% — and Chicago Fed President Austan Goolsbee followed with the most constructive read on disin