Factor Update, March 28, 2026 (released March 27)

🏭 PMI — The Early Warning System of the Economy 💡 The Lesson If you want to know where a currency is heading before GDP or inflation data confirm it, watch the PMI.It’s the first clue of whether an economy is heating up or slowing down — and smart traders treat it like radar. 📊…

This article was written by Follow Michael Kramer is the founder of Mott Capital, and is a long-only investor who focuses on macro themes and studies trends and options activities to identify and assess entry and exit points for investments in his long-term focused thematic growth strategy. He is a former buy-side trader, analyst, and…

Every commodity cycle has a demand catalyst… James Cooper highlights one that few have paid attention to: conflict and military rearming. One of the primary drivers of higher metal prices. Read on to find out why this is important. Over the weekend, I listened to an excellent discussion with Jeff Currie on Macro Voices. If…