Big Picture · Week of 10 August 2026
What the Talking
Headge Said.
Talking heads on US markets publish on their own YouTube channels and X handles. Headge turns those posts and videos into short, source-backed views of who said it, about what, which direction, and over which horizon, so the catch-up takes fifteen minutes.
U.S.-Canada trade talks have collapsed, with 50% tariffs on roughly $20 billion of Canadian exports and retaliatory tariffs likely to intensify trade pressure.
Steve Hanke HIGHER
Johns Hopkins. Money supply, currency regimes and inflation forecasting from monetary aggregates.
New Views Today
LatestBullish
U.S.-Canada trade talks have collapsed, with 50% tariffs on roughly $20 billion of Canadian exports and retaliatory tariffs likely to intensify trade pressure.
Implied volatility could rise sharply if traders are wrong ahead of Core PCE, $NVDA earnings, and Jackson Hole.
Canada-US trade tensions have escalated into new 50% tariffs on Canadian goods, increasing tariff pressure that could affect US trading.
Bearish
Yield curve control could readily suppress long-term Treasury yields, though such Fed action would carry negative implications for the dollar and other markets.
The dollar faces continued pressure as investors shift toward alternatives amid larger deficits, rising debt, and sustained money creation.
Private credit firms are quietly shedding risk and seeking protection, signaling balance-sheet stress that could freeze the credit engine in a self-reinforcing downturn.
Bitcoin has rallied 22% in one week into an important all-time-high anchor, making further near-term upside unlikely despite bullish structure toward 88.
$RVII's 662bps launch fees, 418bps annual expenses, and 20% incentive fee erode much of the diversified fund's return potential.
1 Week Horizon
Kochuba · Positioning & Vol
Wang · USO
Keller · BTC
Keller · Positioning & Vol
Kochuba · GLD
Parets · HYG
Ciovacco · HYG
Hanke · TLT
Bianco · TLT
Newton · Liquidity
Hanke · USO
Shannon · BTC
Shannon · IWM
Shannon · NVDA
Shannon · MU
Shannon · SNDK
Shannon · MAGS
Shannon · AMZN
Shannon · GOOGL
Shannon · XBI
Shannon · XLF
Shannon · SPY
Shannon · MSFT
Lee · BTC
Implied volatility could rise sharply if traders are wrong ahead of Core PCE, $NVDA earnings, and Jackson Hole.
1 Month Horizon
Hanke · Tariffs & Geopolitics
Wang · Fiscal & Treasury
Wang · TLT
Hanke · Inflation
Schiff · Tariffs & Geopolitics
Hanke · TLT
Parets · Positioning & Vol
Parets · GLD
Bianco · Liquidity
Ciovacco · SPY
Snider · USO
Keller · SPY
Keller · Positioning & Vol
Keller · GLD
Newton · XLB
Shannon · TLT
Shannon · SPCX
Brandt · BTC
Bianco · TLT
Bianco · Fed Policy
McCullough · PICK
Roberts · TLT
McCullough · TLT
Schiff · TLT
U.S.-Canada trade talks have collapsed, with 50% tariffs on roughly $20 billion of Canadian exports and retaliatory tariffs likely to intensify trade pressure.
1 Year Horizon
Wang · DXY
Keller · XLK
Keller · AI
Hanke · GLD
Bilello · DXY
Bilello · Fiscal & Treasury
Hanke · Fiscal & Treasury
Lee · BTC
Snider · HYG
Ciovacco · SPY
Ciovacco · Earnings
Ciovacco · XLK
Hanke · AI
Hanke · TLT
Shannon · QQQ
Lee · ETH
Bianco · Growth
Bianco · Inflation
Bianco · Fiscal & Treasury
Elliott · RVII
Schiff · DXY
Schiff · GLD
Schiff · TLT
Lee · BMNR
Yield curve control could readily suppress long-term Treasury yields, though such Fed action would carry negative implications for the dollar and other markets.
Moved Since Yesterday
Bianco · TLT Long Treasury prices face further pressure because yields are powering higher even with oil well below its spring highs, indicating forces beyond crude are driving rates.
Snider · USO Crude oil faces further downside as China’s crude imports fell 41% year over year and refinery runs hit their lowest level since March 2020.
Shannon · BTC Bitcoin has rallied 22% in one week into an important all-time-high anchor, making further near-term upside unlikely despite bullish structure toward 88.
Shannon · SPY The S&P 500 pullback has reached a support zone and could confirm a low Monday afternoon into Tuesday, then make a higher high.
Bianco · Growth Lower interest rates would not produce 12% to 15% US growth, since interest rates are driven by inflation, growth expectations, and bond issuance.
Roberts · TLT Treasury’s expanded long-end buyback capacity can support bond prices and potentially prevent long-term yields from rising too quickly amid an abnormal rate environment.
Bianco · USO Distillate shortages from reduced Russian refinery output and halted diesel exports are keeping European gasoil prices soaring, with Russia-Ukraine disruptions increasingly important for energy markets.
Kochuba · Positioning & Vol $QQQ traders remain in a bullish stance despite a 3% weekly decline, while elevated QQQ implied volatility reflects next week’s NVDA, PCE, and Jackson Hole events.
Where They Diverge
Words
Method
How Headge Works
- 01
Discover
Talking heads publish on their own YouTube channels and X handles. Headge credits the speaker, never the venue that hosted them.
- 02
Place
Each directional claim lands on one topic, with a horizon and a source. If it cannot be placed confidently, there is No View — not a guess.
- 03
Read
Start with Latest, then the 1 Week, 1 Month, and 1 Year horizons. Open a portrait for the analyst, or a summary for the topic.
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Source-Backed
Every view links to the original post or the exact YouTube moment.
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Closed Catalog
A view occupies one named topic. Headge does not invent a new one to make it fit.
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Mix Is a Count
Bull, Neutral, and Bear are tallies of unique analysts, not a house call.