Capital Flows
· Capital Flows
· July 21, 2026 at 00:52
· ⏱ 1 min read
| Read on Substack ↗
Summary
The article is a promotional preview that frames the S&P500's minimal drawdown from all-time highs as the central question, but offers no substantive market thesis or actionable conclusions. It teases upcoming analysis of capital flows and hedge fund positioning, leaving the reader without a directional view or tradeable insight.
•S&P500 is only 2.18% below its all-time high as of July 21, 2026.
•The author plans to break down every driver of capital flows to answer whether markets go higher, lower, or chop.
•A CME single stock futures webinar is scheduled in 2 days, promoted as important for obtaining cheap leverage.
•The article references macro models and a paid-subscriber livestream on hedge fund positioning and complacency.