6 Reports

Playbook

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The $2 Trillion Rotation: A Playbook for the Next Market Regime

The biggest money move in history is happening right now. $630 billion shifted in H1 2025 alone – that's tracking toward $2.1 trillion annually. The plot: Institutions dumped U.S. tech (-$130bn annual pace) and piled into European stocks (+$400bn pace), money markets ($1 trillion pace), and small-caps (+$125bn pace). Meanwhile, retail still holds 70% of mega-cap tech bags.
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Fixed Income ETF Portfolio Q3 2025: A Strategic Response to Fed Rate Cuts

The Federal Reserve is expected to deliver 50-75 basis points of cuts through the remainder of 2025, creating a more measured easing cycle than previously anticipated. This portfolio targets a 4.9% SEC yield while maintaining effective duration below 5 years and limiting maximum drawdown to acceptable levels for the adjusted rate environment.
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The Crypto-Brokerage Convergence Trade: COIN vs HOOD in 2025

Coinbase (COIN) and Robinhood (HOOD) are converging on the same endgame—becoming the everything exchange for the next generation—but they're coming from opposite directions. And right now, the market has this completely backwards. COIN trades at 32x forward EBITDA while HOOD commands a princely 53x. That's a 40% valuation gap that makes zero sense when you dig into the fundamentals. We're looking at a masterclass in market inefficiency.
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When Safe Assets Outperform Risk: The 2025 Portfolio Playbook

For the first time since Y2K, the math has flipped. The 10-year Treasury (~4.23%) now outyields the S&P 500's forward earnings yield (4.15%), creating a negative equity risk premium, a phenomenon we've seen exactly twice in modern history, both preceding significant market resets. But here's the kicker: inflation-protected bonds (TIPS) are paying 1.94% real while equity dividends deliver -1.1% after inflation. Translation: The "risk-free" rate isn't just competitive, it's winning.
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SIRI: The Satellite Empire Under Siege – Can Sirius XM Survive the Streaming Wars?

Sirius XM is a cash-generating machine trapped in a millennial's nightmare - stuck between aging Boomers and Tesla-driving Gen-Z'ers who think satellite radio is as outdated as cable TV. Trading at 7.7x EV/EBITDA while Spotify commands 29x, SIRI looks cheap for a reason. But don't count out this wounded warrior just yet.
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Enphase Under Siege – Bear Trap or Value Trap?

Enphase Energy remains the undisputed microinverter king with a 50% market share and best-in-class 48.6% margins, but faces mounting competitive threats from Tesla's integrated solutions and a looming policy cliff. With over 20% short interest and analyst targets ranging from $31-$86, ENPH sits at a critical inflection point where the next catalyst could trigger explosive volatility in either direction.