The Geopolitical Analyst is citing (https://www.marketwatch.com/story/wall-street-bank-urges-hedging-into-julys-cpi-as-sell-trigger-hits-highest-level-in-eight-years-bc9374f1?mod=mw_rss_topstories) as a macro red flag. But here's what he's missing: when institutional hedging screams "get defensive," retail is already positioned there.

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