The Lead‑Lag Report – Blog

The Lead‑Lag Report – Blog

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Michael A. Gayed’s research on risk signals, rotation and ETF strategy implementation.

CORRECTION: Income Investing With Infrastructure Capital
NewsJun 3, 2026

CORRECTION: Income Investing With Infrastructure Capital

Infrastructure Capital Advisors will host a live, CFP® CE‑eligible webinar on June 4, 2026, led by CEO Jay Hatfield. The session will deep‑dive into the firm’s QVOL Nasdaq Option Income ETF, outline its full income‑focused ETF lineup, and reveal 30‑day...

By The Lead‑Lag Report – Blog
Three Round Numbers and a Memorial Day Airstrike
NewsMay 28, 2026

Three Round Numbers and a Memorial Day Airstrike

Tuttle Capital and Lead‑Lag Publishing are hosting a June 1, 2 p.m. ET webinar on the “Heavy Assets, Low Obsolescence” (HALO) investment lens, which screens physical‑infrastructure businesses such as mines, railroads, energy firms and utilities that are less vulnerable to rapid AI...

By The Lead‑Lag Report – Blog
Calm Spreads, a Re-Steepening Curve, and the Credit-Rotation Setup Most Investors Ignore (JOJO)
NewsMay 10, 2026

Calm Spreads, a Re-Steepening Curve, and the Credit-Rotation Setup Most Investors Ignore (JOJO)

High‑yield credit spreads remain tightly compressed, with the ICE BofA US High Yield OAS at 2.78% and BB spreads at 1.70% as of early May 2026. The Treasury curve has re‑steepened, posting a +0.50% 10‑year‑minus‑2‑year spread, while inflation stays above...

By The Lead‑Lag Report – Blog
The Grid Is the New Gold: Inside UTG, the Utility CEF Built for the AI Power Era
NewsMay 10, 2026

The Grid Is the New Gold: Inside UTG, the Utility CEF Built for the AI Power Era

The Reaves Utility Income Fund (UTG) is a utility‑focused closed‑end fund that trades at a modest 1.8% discount to its net asset value, offering investors a low‑cost entry point into essential infrastructure. Managed by Reaves Asset Management, a specialist with...

By The Lead‑Lag Report – Blog
The Great Rotation Is Here — And FMKT Is Built for It
NewsMay 5, 2026

The Great Rotation Is Here — And FMKT Is Built for It

The 10‑year/2‑year Treasury yield spread turned positive at +0.50% in April 2026, ending the deepest inversion since the 1980s. ISM Manufacturing PMI rose to 52.7 in March, confirming a return to expansion, while the S&P 500 slipped over 5% in...

By The Lead‑Lag Report – Blog
The Tax Trap That's Costing Your Clients Millions — And the One Tool That Breaks It
NewsMay 4, 2026

The Tax Trap That's Costing Your Clients Millions — And the One Tool That Breaks It

The Lead‑Lag Report is hosting a free, one‑hour webinar on May 5, 2026 to teach CFP® professionals about the 351 Exchange—a tax‑deferred strategy that lets clients move concentrated, appreciated stock into a newly created ETF without triggering capital gains. The session, co‑presented...

By The Lead‑Lag Report – Blog
A 30% Off Annual Code, This Weekend Only
NewsMay 3, 2026

A 30% Off Annual Code, This Weekend Only

The Lead Lag Report is offering a 30% discount on its annual subscription this weekend, using code WELCOMEBACK30. The promotion drops the annual price to $320, compared with a $468 total if a subscriber stays on the monthly plan. The...

By The Lead‑Lag Report – Blog
The 8-4 Vote and the ¥5.4 Trillion Lie.
NewsMay 2, 2026

The 8-4 Vote and the ¥5.4 Trillion Lie.

The Federal Open Market Committee voted 8‑4 on April 29 to keep the federal funds rate at 3.50‑3.75%, marking the most divided vote since 1992 and signaling no June rate cut. Treasury yields jumped, with the 10‑year at 4.39% and...

By The Lead‑Lag Report – Blog
Mid-Week Signals Check: Gold Backs Off the Risk-Off Flip
NewsApr 30, 2026

Mid-Week Signals Check: Gold Backs Off the Risk-Off Flip

Gold prices retreated on Tuesday, pulling back from Monday's risk‑off rally and slipping below the $2,100 per ounce mark. The lumber market mirrored the move, with prices dropping about 3% as housing‑related demand softened. Meanwhile, U.S. Treasury yields rose modestly,...

By The Lead‑Lag Report – Blog
Free CE Credit: Beyond Bonds, the 4% Rule, and Covered Call ETFs (Apr 30)
NewsApr 27, 2026

Free CE Credit: Beyond Bonds, the 4% Rule, and Covered Call ETFs (Apr 30)

Tuttle Capital Management, a $4 billion‑AUM ETF issuer, is hosting a free continuing‑education webinar on April 30, 2026 to challenge the traditional retirement‑income playbook of bonds, dividend stocks, and covered‑call ETFs. The panel will explain why the classic 4 % withdrawal rule no longer...

By The Lead‑Lag Report – Blog
The Credit-Equity Divergence: What 285 Basis Points Is Telling You That 7,000 Isn't
NewsApr 25, 2026

The Credit-Equity Divergence: What 285 Basis Points Is Telling You That 7,000 Isn't

The ICE BofA US High‑Yield Master II option‑adjusted spread fell to 285 basis points on April 21, a level last seen in June 2007 before the Great Financial Crisis. At the same time, the S&P 500 surged past the 7,000 mark, closing the week at...

By The Lead‑Lag Report – Blog
Here's What This Week's Signal Table Looks Like
NewsApr 25, 2026

Here's What This Week's Signal Table Looks Like

The firm releases a weekly signal dashboard to paid subscribers, featuring four intermarket ratios—Lumber/Gold, Copper/Gold, High Yield/Treasuries, and Utilities/S&P 500—each evaluated over a 13‑week trend. Each ratio receives a directional reading that feeds into a composite signal indicating overall market risk...

By The Lead‑Lag Report – Blog
REMINDER: Private Credit: What They're Not Telling You (Free Webinar — TODAY 11AM ET)
NewsApr 23, 2026

REMINDER: Private Credit: What They're Not Telling You (Free Webinar — TODAY 11AM ET)

A free 25‑minute webinar at 11 AM ET today will dissect the hidden risks in private credit, a market that has drawn trillions by promising high yields with low volatility. Industry voices from SYKON, Unicus Research and The Lead‑Lag Report will...

By The Lead‑Lag Report – Blog
Green Lights, One Yellow
NewsApr 21, 2026

Green Lights, One Yellow

The S&P 500 surged 4.5% this week, closing at 7,126.05 – its highest level since January – driven by strong Q1 earnings and optimism around the U.S.-Iran ceasefire. Three of the four proprietary signals (Beta Rotation, Treasury Rotation, and the...

By The Lead‑Lag Report – Blog
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