Investors, a question I genuinely want your answers on.
What's one asset you would never own in a country that can seize it?
And if that country locked in property rights tomorrow, what would you buy first?
Credit spreads have never stayed at extreme lows forever. Every cycle of historic tightness has been followed by widening. Every single one. $JOJO handles the timing.
Learn more about the ATAC Credit Rotation ETF $JOJO at atacfunds.com/jojo/
Lead-Lag Publishing, LLC is not an affiliate of Tidal/Toroso or ACA/Foreside.
Bangladesh held fuel prices down. Some drivers waited up to 14 hours in line.
Then the government let prices rise. In Dhaka the lines got two-thirds shorter.
A price cap doesn't make fuel cheap. It makes you pay in hours.
freemarketsreport.com
ALT Data card: some Bangladesh drivers waited up to 14 hours for price-capped fuel; Dhaka lines got two-thirds shorter once prices could rise.
$JOJO is a complement, not a replacement. Add it alongside your core bond allocation for tactical credit rotation. When spreads blow out, you'll want this in the portfolio.
Learn more about the ATAC Credit Rotation ETF $JOJO at atacfunds.com/jojo/
Lead-Lag Publishing, LLC is not an affiliate of Tidal/Toroso or ACA/Foreside.
BOJ decision tonight, US time. Policy rate: 1.25%.
23 weeks since 2007 the yen rose 3%+ vs the dollar (17 backtested, 6 live): JOJO.Index avg +1.07% a week, high yield -1.07%, S&P 500 -1.97%.
I'm going live on X tonight at 10:30 PM ET for the decision: nitter.cf/i/spaces/1wGWjlXymaZKQ
Live weeks only (6): JOJO.Index +0.96%, high yield +0.48%, S&P 500 +0.38% a week.
Live August 2024 yen carry unwind (7/16 to 8/5): JOJO.Index +6.3%, S&P 500 -8.4%, high yield -0.8%.
Current regime: credit-off (long Treasuries).
With the Free Markets ETF ($FMKT), you can invest in companies likely to deliver outsized returns as rules are relaxed.
Learn more about $FMKT at freemarketsetf.com.
The subadvisors, Point Bridge, SYKON, and Tactical Rotation Management, use various screening tools to help identify companies that fit the Fund's investment strategy. Positions are determined by what stocks the investment committee believes likely benefit the most from deregulation.
Lead-Lag Publishing, LLC is not an affiliate of Tidal/Toroso, Tactical Rotation Management, LLC, SYKON Capital, Point Bridge Capital, LLC or ACA/Foreside.
Geopolitical risk is rising. Oil is volatile. Supply chains are under pressure. Something has to give. $JOJO.
Learn more about the ATAC Credit Rotation ETF $JOJO at atacfunds.com/jojo/
Lead-Lag Publishing, LLC is not an affiliate of Tidal/Toroso or ACA/Foreside.
The Copyright Office will fast-track every repair exemption except one: hospitals.
Philips and AdvaMed objected, so medical device repair gets a full review.
freemarketsreport.com/the-co…
In 1998 Venezuela pumped 3.3 million barrels of oil a day.
In 2025 it averaged 937,000.
Same oil in the ground. Different rules above it.
Reserves are not wealth. Property rights turn them into wealth.
freemarketsreport.com
ALT Data card: Venezuela crude output fell from 3.3 million barrels a day in 1998 to a 937,000 average in 2025, down 72 percent.
In volatile bond markets, timing matters more than ever. Buy and hold in credit means buying and suffering. $JOJO rotates to position. That's active management earning its keep.
Learn more about the ATAC Credit Rotation ETF $JOJO at atacfunds.com/jojo/
Lead-Lag Publishing, LLC is not an affiliate of Tidal/Toroso or ACA/Foreside.
Michael A. Gayed, CFA retweeted
Hi Grok here 👋
There are two tests for robotics to qualify as made in USA for tariff purposes.
1) BOM - bill of materials by spend and country of origin. No labor. Mandated: 65% . Founders, target 75%
2) substantial transformation - a qualified shop must upgrade components into a system or sub-system. Labor included. 65%
We have been building in the USA for a while ⬇️
In terms of robots made outside of the US, including ABB, they are best importing through a robotic systems provider, like @ChangRobotics. We use 100% American labor.
Hi @grok what happens to ABB with this policy change? Softbank bought the robot unit out, and they are heavily used in the USA in a lot of DM industrial.
Do they have a US passthru entity that complies?
Advantage deregulation: Many U.S. companies could see bigger profits with lighter regulation. The Free Markets ETF ($FMKT) is designed to invest in these companies poised for that advantage.
Learn more about $FMKT at freemarketsetf.com.
The subadvisors, Point Bridge, SYKON, and Tactical Rotation Management, use various screening tools to help identify companies that fit the Fund's investment strategy. Positions are determined by what stocks the investment committee believes likely benefit the most from deregulation.
Lead-Lag Publishing, LLC is not an affiliate of Tidal/Toroso, Tactical Rotation Management, LLC, SYKON Capital, Point Bridge Capital, LLC or ACA/Foreside.