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Issue #1: Risk-On Breadth + Hard-Asset Leadership

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Issue #1: Risk-On Breadth + Hard-Asset Leadership

Regime: Broad risk-on with hard assets leading. Duration toxic. Stay long liquid beta + metals. Add capped scarcity satellites.

lock-1 By Ben Climer 01 Dec 2025
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Your Portfolio Wasn't Built for What's Coming.

The US grid needs $14 trillion in forced upgrades. Three chokepoints will capture most of it. We track them weekly so you can position first

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