Win Smart, CFA

20+ years Buy & Sell side.
Macro trends. Not investment advice.

[Win Smart, CFA @WinfieldSmart]

COMMODITIES DURING
-SPANISH FLU/WW1
-GREAT DEPRESSION
-WW2
-70s OIL CRISIS
-GFC 👇👇👇

[Win Smart, CFA @WinfieldSmart]

ASSET CLASS RETURNS
OF STAGFLATION 70s

[Chase Geiser @realchasegeiser]

Simon was just found dead.

[Win Smart, CFA @WinfieldSmart]

2yr, 10yr 🎢 & Crude 🛢

[Win Smart, CFA @WinfieldSmart]

@KobeissiLetter This

[Win Smart, CFA @WinfieldSmart]

COMMODITIES DURING
-SPANISH FLU/WW1
-GREAT DEPRESSION
-WW2
-70s OIL CRISIS
-GFC 👇👇👇

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says higher US inflation will "pay off" US debt "very rapidly" in response to total US debt rising above $40 trillion.

"I know I'm the best in the world... you can pay off the debt through other means. But the one thing that you can do is pay it off through growth, and we've never had growth like this," Trump said.

US Treasury yields hit a new high of the day after the statement.

[Win Smart, CFA @WinfieldSmart]

WHEN TO INVEST? 🤔
h/t @BanksterCorp

[Win Smart, CFA @WinfieldSmart]

HISTORY OF ENERGY

[Win Smart, CFA @WinfieldSmart]

Area
What to watch
Current read

LEI, new orders, permits, claims, credit, yield curve
Cautious, but not recessionary

Cyclical conditions
ISM, industrial production, employment, consumer spending, credit spreads
Still expanding, but slowing

Profit-margin momentum
Strong

[Win Smart, CFA @WinfieldSmart]

@hilbertspaess

[Win Smart, CFA @WinfieldSmart]

Bullish 🐃

[Markets & Mayhem @Mayhem4Markets]

I have some bad news for sane people and great news for insane people.

The stock market is about to start trading 23 hours a day on weekdays.

It's possible we even see 24/7 trading next.

[Win Smart, CFA @WinfieldSmart]

The biggest 🍑🤡 of history

[*Walter Bloomberg @DeItaone]

TRUMP ON IRAN: WAR WILL END SOON

[Win Smart, CFA @WinfieldSmart]

AAII SURVEY: BEARISH SENTIMENT HITS 53.3%, HIGHEST SINCE MAY 2025; BULL-BEAR SPREAD WIDENS TO -24.5 POINTS, WIDEST SINCE MAY 2025

[Win Smart, CFA @WinfieldSmart]

Are the AI companies really going to slow down

No—not in any coordinated, industry-wide, or lasting way that meaningfully halts frontier progress. Leading US labs are signaling “pacing” (slower capability jumps so safety testing, monitoring, and alignment can catch up)

[Win Smart, CFA @WinfieldSmart]

@Optimus_RH @elonmusk @grok is this real footage?

[Elon Musk @elonmusk]

My guess is that AI roughly doubles US GDP growth next year from ~2% to ~4%. Maybe even more.

[Win Smart, CFA @WinfieldSmart]

What happens if you only own the largest company in the S&P 500?

[Win Smart, CFA @WinfieldSmart]

If I had invested the money

[Win Smart, CFA @WinfieldSmart]

@MacleodFinance @grok what were their financial situation before bankruptcy

[Win Smart, CFA @WinfieldSmart]

@DaveHcontrarian Everything