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.
Core inflation faces an upward bias as cyclical employment growth accelerates, increasing the risk it remains above target for longer.
Eric Basmajian HIGHER
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
Core inflation faces an upward bias as cyclical employment growth accelerates, increasing the risk it remains above target for longer.
Skyrocketing shipping costs from war and energy disruptions are secularly inflationary, with stronger effects expected through year-end and the first half of next year.
The S&P 500 held 7,595 support and reached 7,627, 7,637, and 7,650 targets during the session, supporting continued upside momentum.
Bearish
Equity valuations imply annualized returns of just 0% to 2% over the next 10 to 20 years, consistent with low-return secular bear-market periods.
Copper is at an extreme crowded-long level, with producers selling aggressively and downside risk outweighing opportunities in other commodities.
$SPY’s short-term trend model has turned negative for the fourth time since the March 2026 low, raising the possibility that this decline differs from prior buyable dips.
1 Week Horizon
Mancini · SPY Keller · SPY Keller · TLT
El-Erian · TLT
Bianco · Fed Policy
Shannon · TLT
Elliott · USO
McCullough · QQQ Shannon · NVDA Shannon · TSLA El-Erian · Fed Policy
Brandt · CPER Roberts · SPY McCullough · BTC McCullough · TLT McCullough · USO
Snider · Fed Policy
Kochuba · Positioning & Vol Bianco · USO
Parets · SPY
Hanke · USO El-Erian · Fiscal & Treasury El-Erian · USO
Ciovacco · Fed Policy The S&P 500 held 7,595 support and reached 7,627, 7,637, and 7,650 targets during the session, supporting continued upside momentum.
$SPY’s short-term trend model has turned negative for the fourth time since the March 2026 low, raising the possibility that this decline differs from prior buyable dips.
1 Month Horizon
Basmajian · Inflation Basmajian · Fed Policy Gromen · Fed Policy Shapiro · CPER Hanke · Fiscal & Treasury Bianco · USO Bianco · SPY Bianco · Growth Bianco · TLT Gromen · TLT Bianco · Fed Policy Kochuba · Positioning & Vol Hanke · Housing Basmajian · Growth Basmajian · AI Snider · Growth Hanke · Positioning & Vol
DiMartino Booth · Inflation
Bilello · Fed Policy El-Erian · Fiscal & Treasury Hanke · USO
Lee · Fed Policy
Wang · TLT Wang · USO1 Year Horizon
Basmajian · Housing Gromen · Inflation Gromen · BTC Gromen · Fiscal & Treasury Gromen · GLD Gromen · TLT Gromen · SPY Gromen · Growth Gromen · LABOR Roberts · Earnings Roberts · Liquidity Roberts · SPY Bilello · Inflation Bianco · BTC Bianco · AI Bianco · Inflation
Schiff · GLD Schiff · TLT Schiff · Inflation Basmajian · Fed Policy Brandt · SLV Bianco · Earnings Bianco · SPY Lee · BTC Housing investment has contracted since 2022 and will continue contracting, constrained by high debt levels and persistently positive real rates.
Skyrocketing shipping costs from war and energy disruptions are secularly inflationary, with stronger effects expected through year-end and the first half of next year.
Bitcoin is preferable to $TLT as duration over the next three to five years because sustaining U.S. debt requires dollar devaluation and negative real rates.
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
Basmajian · Inflation Inflation and total debt-to-GDP remain exactly where they stood before 2020, indicating no net change from the pre-pandemic baseline.
McCullough · TLT The yield curve has flattened as anticipated alongside a high inflation nowcast, implying lower long-duration Treasury yields relative to short rates.
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.