Dantes Outlook Market Podcast

Speculation Rising, Breadth Weakening: A Tactical Rebalance

Episode Summary

In this episode of Portfolio Playbook, Damanick Dantes breaks down how a late-stage trade truce, rising margin debt, and hawkish central banks are influencing global asset allocation. With insights from Deutsche Bank, SentimenTrader, and the Dantes Outlook team, he explains what’s behind the recent market highs—and where signs of exhaustion are showing up. Learn how Dantes Outlook is adjusting its ETF model portfolios across equities, bonds, and commodities to stay disciplined in an increasingly speculative environment.

Episode Notes

This week’s episode covers:

• U.S.–EU trade deal impact and the new 15% tariff baseline
• Margin debt surges—5th fastest rise since 1998 (source: Deutsche Bank)
• Fed and ECB hold steady, but tone remains cautious
• Breadth weakening beneath the surface despite equity highs
• Trimming gold, watching silver/platinum and volatility signals
• July portfolio performance + positioning adjustments
• What we’re watching: CTA trends, EMFX momentum, and central bank shifts

Referenced Sources:

Deutsche Bank Macro Strategy Notes

SentimenTrader Momentum/Breadth Indicators

MRB Partners EM Currency Research

Dantes Outlook internal trend models & analytics

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