Sectors & Macro

Rates, inflation, the economy and sector rotation.

1. Interest Rates & Stocks — Why interest rates are the price of money, how they affect company profits and stock valuations, and which parts of the market tend to be most sensitive.
2. Inflation & Stocks — What inflation is, how it is measured, why moderate inflation is normal but high inflation hurts, and which companies tend to cope best.
3. The Business Cycle — The four phases of the economic cycle, why the stock market usually turns before the economy, and how the yield curve fits in.
4. Sector Rotation — How money moves between the 11 market sectors, what offense and defense look like, and a real 2026 example where energy rose while technology fell.
5. The Fed — What the Federal Reserve does, how its rate decisions and balance sheet affect markets, and how to read a Fed day without overreacting.
6. Reading the Macro Calendar — The economic reports that move markets most, when they come out, how markets react to them, and a simple plan for trading around big data days.