The Great Rotation: From Virtual Growth to Real Production and a New Economic Paradigm
Rotation or regime change? 🦇Batman’s View on the Situation
Markets are going through a tectonic shift. The last decade’s growth led, tech dominated rally is giving way to value, the real economy, and global diversification. Trump’s economic vision, the strategy orbiting Scott Bessent and Kevin Warsh, and the desire to weaken the dollar and de-dollarize trade make this look less like a simple sector rotation and more like a paradigm change.
MAG7, inefficient CapEx fears, and the prisoner’s dilemma
The tech g