Swami Weekly Wrap: June 29, 2026 [Decisive Inflation-Related Bearish Trends Continue]

Hi Swami Subs,

Swami All-Equity continued to outperform significantly last week, rising +1.1% in a red tape while SPY declined -2.1%. Year-to-date, SAE is now +14.8% versus +7.5% for SPY, and that gap has been built by doing one thing consistently: rotating into the strongest-signaling positions at the end of each week.

We are trying to skate to where THE MACHINE thinks the puck is going. And this week, that means getting more defensive. At Friday’s close, THE MACHINE rotated into SPLV (Low Volatility), RSP (Equal Weight), XLU (Utilities), and XLP (Consumer Staples). In short: signals are telling us to reduce cyclicality and lean into durability.