Swami Weekly Wrap: Sept 2, 2025 [counting profit in core gold positions]

Hi Swami Subs,

Pretty quite week following Jerome Powell's Jackson Hole speech on Friday August 22nd. With the bulk of earnings season behind us until October investors will be looking closer at macro reports (CPI prints, employment reports, etc) for insights as to the prevailing vibe going forward. THE MACHINE likes inflation beneficiaries and healthcare coming into Tuesday (see below). With the VIX near the top of its Trim Level (top of range) and below trend, this would suggest a spot to "BUY" here.

Last week Swami All-Equity systematic portfolio advanced 0.6% vs SPY being ~flat . This brings our YTD (Year-to-Date) performance to 18.3% versus 10.1% for SPY.