The Horizon

The Vise

The Horizon · July 2026

Jul 10 • Bob Sheehan, CFA, CMT

Markets Turn in Order, and the Order Is Almost Done

The Horizon · June 2026

Jun 10 • Bob Sheehan, CFA, CMT

The Splitting Cycle

Two cycles, one tape. AI capex pulls the index. The consumer stalls. The Fed fractures. Term premium reprices. The framework reads strained, not broken.

May 11 • Bob Sheehan, CFA, CMT

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