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.
Copper supply is tightening as the Yangshan premium surges to a record high, adding evidence of a commodity-price supercycle.
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
Copper supply is tightening as the Yangshan premium surges to a record high, adding evidence of a commodity-price supercycle.
AI adoption has lifted labor productivity above its pre-2023 trend in sectors with the heaviest exposure, despite caveats around the AI-jobs link.
$GOOGL faces real near-term financing and advertising challenges, but its strong underlying business should ultimately make it a major AI winner.
Bearish
Technology’s highest-beta stocks have entered a burst beta bubble, pointing to deteriorating underlying market dynamics and further downside risk.
Nasdaq may have already peaked, raising the risk of a sustained decline for the index over the coming weeks to months.
Stock market could crash on Monday, a move expected to further raise Democratic Senate-win odds amid a worsening economic narrative.
1 Week Horizon
Hanke · USO
El-Erian · AI
McCullough · USO McCullough · BTC McCullough · AI McCullough · XLE
Parets · SPY
Shapiro · Positioning & Vol Schiff · SPY Schiff · SLV Schiff · GLD Schiff · Liquidity
Mancini · SPY McCullough · Positioning & Vol
Keller · GOOGL
Dale · SPY Keller · BTC
Gromen · SPY Gromen · GLD Schiff · Growth Schiff · Fed Policy Schiff · Inflation Keller · SPY
Kochuba · SPY Oil faces near-term upside pressure as the Strait of Hormuz is effectively closed, with tanker crossings collapsing from 46 last year to one on October 30.
1 Month Horizon
Parets · NVDA Kantrowitz · XLK Basmajian · LABOR Hanke · CPER Ciovacco · QQQ Hanke · AI Schiff · Inflation Schiff · Recession Risk Kantrowitz · Earnings
Brandt · CPER Roberts · SPY Brandt · SLV
Elliott · LABOR Roberts · Earnings McCullough · RDDT McCullough · AMZN McCullough · GOOGL
Sonders · Inflation Sonders · Growth Roberts · Liquidity
Boockvar · GLD Boockvar · DXY Boockvar · Fed Policy Elliott · Growth1 Year Horizon
Hanke · CPER Basmajian · AI Hanke · UNG Hanke · USO Hanke · Housing Hanke · Fiscal & Treasury Roberts · GOOGL Hanke · Tariffs & Geopolitics Dale · SPY Dale · Growth Hanke · BTC
Timmer · TLT Kantrowitz · AI Kantrowitz · Inflation Dale · AI Gromen · SPY Gromen · GLD McCullough · Growth Timmer · Positioning & Vol Schiff · Fiscal & Treasury
DiMartino Booth · Recession Risk Dale · Recession Risk Sonders · AI
Steno Larsen · SLVDaily Catch-Up
Latest Video
Healthcare Strength, Small-Cap Strain | Headge Catch-Up, 21 Sep
The day’s talking heads, market moves, and attributed views in one short catch-up.
Watch On YouTubeMoved Since Yesterday
McCullough · Positioning & Vol Long-only retirement account gained 4 basis points today, reflecting a modest positive daily performance without an explicit directional market call.
Keller · GOOGL $GOOGL likely attracts buyers after its huge gap down, framing the decline as an attractive entry opportunity for a strong company.
Kantrowitz · AI AI earnings remain strong, but technology-stock returns face elevated expectations for roughly 43% annual EPS growth over the next five years.
Gromen · SPY US stocks face severe downside relative to gold as debt-adjusted total equity market capitalization reaches 130% of GDP, above prior levels associated with massive underperformance.
Kochuba · Positioning & Vol SPX 0DTE straddle is 40 points as ES futures trade down 80 points, signaling elevated near-term volatility around the index.
Sonders · Inflation Supercore CPI and PCE rose in September, moving further from the Federal Reserve’s 2% inflation target rather than toward it.
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.