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The Lead-Lag Report
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The Lead-Lag Report

Author: Michael A. Gayed, CFA

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Developed from award-winning market research, The Lead-Lag Report gives you powerful market insights to improve your long-term investment strategy.
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The Business Development Company (BDC) sector has had a rough ride in 2025.
My 2014 study showed that utilities do better than other stocks in the weeks leading up to vol spikes, providing an early warning smart money is getting ready for a move to defense.[1] Friday’s sell-off (Oct.
Markets finally received the wake-up call they had been ignoring.
Imagine solving a personal health issue without ever stepping into a doctor’s office.
The Kurv Silver Enhanced Income ETF (KSLV) is a recently launched exchange-traded fund designed to provide investors with exposure to silver while generating monthly income.
The past week underscored an extraordinary divergence between darkening economic data and buoyant financial markets.
Imagine skipping rush-hour gridlock by boarding a quiet electric aircraft that lifts off from a downtown rooftop.
When the Federal Reserve begins cutting interest rates, it often feels like a long-awaited relief.
Sponsored By Cambria
Over the past 12 months, the Materials sector has trailed the broader U.S.
An ETF designed to provide exposure to companies that may benefit from deregulation
The CBOE Volatility Index (VIX) has stayed relatively tranquil in the mid-teens over the past month, dipping below 14-15 in mid-September and just settling around 16 as October started.¹ This sort of quiet is staggeringly complacent.
Gold has long been seen as the ultimate risk-off asset — it climbs when markets tumble.
Sponsored By Infrastructure Capital
For more than two years, the traditional financial media focused nonstop on what kind of “landing” the US economy would go through as higher interest rates worked their way through the system.
A Look At The Cullen Enhanced Equity Income ETF (DIVP)
The U.S.
U.S.
My award-winning research from 2014 showed that utility stocks typically outperform the broader stock market in advance of market volatility.
Below is an assessment of the performance of some of the most important sectors and asset classes relative to each other with an interpretation of what underlying market dynamics may be signaling about the future direction of risk-taking by investors.
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