Regime at 0.27 — I'm watching from the sidelines today
Exports, employment, CPI — the fundamentals axis hitting 0.72 tells me the underlying picture isn't bad. But IG spreads are sitting at -0.62, giving me pause, and with the regime score parked right at 0.27 in neutral territory, I didn't add a single name today. Some days the right move is just keeping the wallet shut until the market tips its hand.