Outlook for U.S. economy in 2026.

What we’re seeing unfold is the rebirth of the Monroe Doctrine, the 200-year-old idea that the U.S. is the dominant force in the Western Hemisphere and that European powers shouldn’t interfere.

This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.

Heading into the traditionally challenging second year of the U.S. presidential cycle, global news flow continues to erode consumer and business confidence.