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Watch: Semiconductor Concentration Risk & The Oil Shock That Wasn't

Filmed on June 30th, Ryan Mumy and Justin Greenhill walk through the charts shaping markets right now, from rising inflation measures to a semiconductor sector that keeps climbing.


  • Core PCE inflation ticking higher even as it stays below 2022 peaks
  • Consumer spending accelerating despite falling sentiment and higher prices
  • Fed funds futures swinging from pricing cuts to pricing a hike
  • Leveraged ETF assets surging to record levels across major sectors
  • Chinese AI models rapidly closing the gap with US leaders
  • Semiconductors posting their best quarter ever, now 18% of the S&P 500
  • Triple-leveraged semiconductor ETF assets spiking to new highs
  • Mag Seven trading volume waning as capital rotates into semiconductors
  • Buyback blackout period arriving as mega caps shift toward share issuance
  • Two-year Treasury yield climbing above the Fed funds rate
  • Oil prices erasing the entire Iran conflict risk premium
  • Precious metals giving back much of this year's early gains

 


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