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Watch: IPO Supply Wave, AI CapEx Shift & America All In on Stocks

Filmed on June 5, 2026 Ryan Mumy and Justin Greenhill break down the most critical market trends affecting your portfolio. In this episode, we analyze:

  • Trump tariffs reinstated as permanent, markets treating it as background noise
  • US logistics costs rising as inflation bleeds beyond energy
  • Google reversing years of buybacks to fund AI CapEx through equity issuance
  • High CapEx relative to revenue has historically underperformed — AI may change that
  • Memory chip stocks posting some of the strongest returns in the market
  • US payrolls surged June 5th, market now pricing a Fed rate hike
  • Household stock ownership as a share of financial assets at an all-time high
  • $225 billion in new IPO supply hitting the market in 2026
  • US stock market concentration in the Big Ten approaching historical extremes
  • Over half of Russell 2000 companies unprofitable, a persistent ceiling on small cap rallies
  • 10-year yields pulling back from recent highs as rate hedges get unwound
  • Levered loans outperforming Treasuries as investors avoid duration
  • Fed expectations swung from 75bps of cuts to pricing a hike since February
  • Korean chip firm net income more than doubled, dwarfing Japanese auto manufacturers
  • Indonesia underperforming sharply after effective nationalization of key private firms
  • Brazil inflows reversing as rate cut expectations fade ahead of central bank meeting
  • China's EV shift and pre-stockpiling at lower prices buffering oil despite low US stockpiles
  • Copper correlation with US tech near historic highs on shared AI CapEx demand

For more episodes of Chart Overload and additional content, check out Sollinda Capital Management on YouTube. 

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This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.