← Leaderboard
MZ
Michael Zinn
UBS (managing director, senior PM)
First call on the ledger
No calls filed yet. Quotes in curly quotation marks are verbatim; everything
else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.
Where they stand
Views on the record but not scoreable bets: no single number and deadline to grade. Shown in their exact words, never scored.
that = the leverage washout; deleveraging supports H2 stability
“I think that hopefully will provide a little more stability for the second half of the year”
levered ETF and call-skew excess cleaned up in the flush
“some people really got, for lack of a better word, carried out this week”
PCE stuck above 3; memory-price capex feeding the inflationary system
“We have not been able here in the US to get the PCE indicator down below three in any meaningful way”
NeutralFed
leaning · 2026-07-31
three one-sided dissents near a control tipping point
“once you get over three, I think you're beginning to really tilt on who's controlling the Fed”
still overweight tech, likes it more post-selloff
“we probably like it a little bit more now based on valuation and the cleanup of the speculative activity”
big cap pharma and biotech turning to resilience and leadership
“We like health care a lot”
the less debated AI capex play
“we do like industrials. It's receiving a lot of the expenditure from these big cap tech companies”
pared energy from overweight, kept for war risk
“We're more equal weight on energy now”
Follow Michael Zinn
One short email when Michael puts a new call on the record, and when a verdict lands on one. Plain words, free.