Video Description
New report: The Balance of Risks (August 2026).
My read stays late-cycle, not the end of it. Base case into Q4 is a midterm correction that resolves into recovery, with energy forcing another Fed hike the bigger risk, not a dovish pivot.
https://benjamincowen.com/reports/the-balance-of-risks-august-2026
Come to the 1st ITC Conference (Ticket prices going up September 1st!)
https://www.benjamincowen.com/conference
I am speaking in New Zealand in September:
https://techsummit.nz/speakers/ben-cowen/
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