Something very strange is happening in financial markets.
US inflation: 3.7%.
Oil: $110 a barrel.
Nasdaq: down 5.5% last week.
Yet investors are buying US government bonds, pushing yields LOWER.
Think about what that means.
Inflation is still a problem, but markets are increasingly worried about what keeping interest rates this high could do to businesses, jobs and the wider economy.
And we're heading into 2027 with enormous government debts, expensive energy, geopolitical tensions and an AI investment boom that's consuming extraordinary amounts of money.
I've spent 18 years watching these cycles.
What concerns me isn't one bad economic number. It's how many different pressures are building at the same time.
The next major market opportunity could come from understanding which of those pressures breaks first.