Big Picture · Week of 31 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.
Oil prices should rise next month as Saudi Aramco halts crude deliveries to European refiners following pipeline attacks, tightening supplies.
Steve Hanke BULLISH
Sentiment Graph
Every portrait is one talking head and every disc is one topic. An edge is one attributed view, inked by that analyst's sentiment. A disc fills with that topic's split of analysts, Bull rising in green from the bottom and Bear in red from the top, Neutral between; its frame is the mean sentiment of the analysts on it, as is the frame around each portrait. Scrub or play the last thirty days to watch views arrive, flip, and lapse. Counts and means only, never a house view.
New Views Today
LatestBullish
Oil prices should rise next month as Saudi Aramco halts crude deliveries to European refiners following pipeline attacks, tightening supplies.
U.S. deficits and borrowing run above France’s, contributing to higher Treasury yields despite America’s stronger sovereign credit rating.
Financial repression is likely to become governments’ response to a new secular regime of higher capital costs, implying greater debt-management pressure.
Bearish
VIX expectations remain well below the January 2022 volatility regime, with the 200-week average declining rather than rising.
$NFLX has shifted into a clear downtrend of lower highs and lower lows after its recent gap lower.
Dollar credit conditions are tightening as AI-related hyperscaler debt issuance absorbs capital and crowds other borrowers out of the dollar bond market.
1 Week Horizon
Ciovacco · Positioning & Vol Ciovacco · BKLN Ciovacco · JNK Ciovacco · XLK Keller · NFLX Keller · Positioning & Vol Keller · BTC Keller · CRWD
Shannon · SNDK Shannon · BTC Shannon · IWM Shannon · XLF Shannon · MAGS Shannon · SPY
McCullough · ETHA
Brandt · BTC
Mancini · SPY
Newton · MAGS
Elliott · CPER
El-Erian · TLT Bianco · Fed Policy McCullough · TLT
Gromen · DXY El-Erian · USO VIX expectations remain well below the January 2022 volatility regime, with the 200-week average declining rather than rising.
$BKLN shows a full-bore bullish trend, with price above rising moving averages, unlike the credit deterioration preceding the 2022 selloff.
$JNK retains a significantly stronger trend than early 2022 despite recent weakening, indicating credit conditions are not signaling an imminent debt crisis.
1 Month Horizon
Hanke · USO Ciovacco · TLT Hanke · Housing Hanke · Growth Shannon · QQQ Shannon · Sive.st Bianco · Positioning & Vol Bianco · Fed Policy Hanke · Tariffs & Geopolitics Timmer · GLD Elliott · Inflation
Roberts · Fed Policy Roberts · Growth Roberts · Inflation Bianco · TLT McCullough · BTC McCullough · IWM
Sonders · Growth Bianco · Inflation Sonders · LABOR Sonders · Housing
DiMartino Booth · TLT Keller · SMH
Bilello · Tariffs & Geopolitics1 Year Horizon
Ciovacco · Growth Ciovacco · SPY Ciovacco · Fiscal & Treasury Hanke · Fiscal & Treasury Bianco · Fiscal & Treasury Bianco · Inflation Bianco · Growth Snider · HYG Snider · AI Timmer · Fiscal & Treasury Timmer · BTC Bianco · Tariffs & Geopolitics Bianco · TLT
Schiff · Inflation Elliott · Growth Elliott · Fed Policy Elliott · SHY Elliott · TLT
Carlson · TLT Roberts · LABOR Roberts · Fed Policy Roberts · TLT Roberts · Growth Hanke · Tariffs & Geopolitics Sustained 3% US growth over the long haul would materially improve the debt problem, making current debt levels difficult rather than insurmountable.
Daily Catch-Up
Latest Video
Headge Model: What Happened Next? A Century Of Market Scenarios
The day’s talking heads, market moves, and attributed views in one short catch-up.
Watch On YouTubeMoved Since Yesterday
Roberts · Positioning & Vol Retail investor sentiment turned sharply bearish last week, a contrarian setup that points to reduced crowding and potential near-term upside.
Sonders · LABOR Overall US job-cut announcements fell 41% year over year through August, despite California leading state layoffs followed by Texas and Washington.
Sonders · Positioning & Vol AAII bullish-minus-bearish sentiment fell to its lowest reading since May 2025 and remained below its historical average for a ninth consecutive week.
Keller · META Meta’s dragonfly doji at $680 to $690 resistance signals a likely short-term reversal, with one to three bars more likely lower than higher.
Keller · XLK Technology led the market with a broad advance, but the strong one-day rebound has not yet changed the sector’s broader trend.
Keller · GLD Gold’s rebound lacked convincing accumulation as $GLD closed near its intraday low, with traders selling into the bounce and clouding its sustainability.
Keller · SPY S&P 500 reclaimed 7,600 and its 50-day moving average, reviving the potential bull-flag pattern after the prior day’s breakdown failed.
Snider · Fed Policy Fed policy uncertainty has pressured market rates higher despite no projected inflation problem, worsening refinancing conditions for floating-rate private-credit borrowers.
Where They Diverge
Words
Headge Model
Open The ModelAfter a move like this, what happened next? Load a scenario or a talking head's view and read what followed across every asset class, in a century of monthly data.
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.
Questions
- What Is Headge?
- Headge is a daily catch-up of talking heads. It turns public YouTube videos and X posts from tracked market analysts into short, attributed, source-backed views on a closed catalog of topics, so a reader can see who said what, on which market, in which direction, and over which horizon, in about fifteen minutes.
- Where Do the Views Come From?
- Every view comes from a public source: a YouTube video or an X post by the analyst. Headge transcribes or reads the source, places each directional claim on one topic with a horizon, and links back to the original post or the exact video moment. If a claim cannot be placed confidently, the outcome is No View, never a guess.
- Is Headge Investment Advice?
- No. Views are machine paraphrases of what an analyst said in public, attributed to that analyst. Headge has no house view, does not say buy or sell, and does not rank or grade analysts. Paraphrases can be wrong, so check the source before acting on anything.
- What Do Mix and Sentiment Mean?
- Mix is a count of unique analysts who are Bull, Neutral, or Bear on a topic, not a consensus. Sentiment is how strongly an analyst stated a claim, shown as Weak, Moderate, or Strong. Both are counts and means of attributed views, never a score Headge assigns to the market.
- How Fresh Are the Views?
- Sources are ingested through the day and each view carries the time it was recorded. A view stays on the board until the analyst restates or changes it, and it is marked stale after five days. The Front, Latest, and topic pages show the latest view per analyst, topic, and horizon.
- Can an AI Agent Read Headge?
- Yes. The same attributed views are available compact and citable at /for-agents, /llms.txt, /api/agents, and over MCP at /mcp, in Markdown for models and JSON for scripts.