The “I Knows” have taken over…

Native Americans have a saying about the so-called smart people that visit the reservations. They are called the “I Knows”, they have all the answers.

We may be at that point in the markets. So here is a combination of a intuitive sense and the Climate Change Model’s indicators. It indicates a turn to a 75 % CUT IN POSITIONS ACROSS ALL AREAS.

The runup since April 2025 has been remarkable and I don’t think we have entered the Bubble yet, but watching from the sidelines may be in order for a while. Trump’s ideas seem to have a number of headwinds at the moment.