Swami Weekly Wrap: Feb 23, 2026 [Equities hold steady; gold reaffirms bullish trend on falling volatility; possible bond buy incoming]

Hi Swami Subs,

Last week was a classic example of why we separate signal strength from headline performance. SPY bounced, growth showed up, and value lagged — but the broader Swami backdrop still looks constructive: equities are steady, gold is behaving like a bull again (with volatility falling), and bonds are getting close to a setup worth paying attention to.