InvestLab ResearchLatest 31 Oct 2026
The research behind the building blocks
Deep dives, monthly reviews and weekly reads on the strategies InvestLab runs live.
- Papers
- 32
- Series
- 5
- Free · full access
- 26 · 6
- Latest paper
- 15 Oct 2026
- Weekly read
- Saturdays
- Author
- Stephane Renevier
Weekly read · Two minutes on the week in markets, every Saturday.
| No. | Title | Series | Published | Read |
|---|---|---|---|---|
| WR 17 | The weekly read — Week of Oct 24 – Oct 30, 2026A late-October tech selloff ended a strong year for momentum strategies. QQQ dropped 7.9% over four weeks on AI-spending doubts after weak Intel and Amazon results. Treasuries rallied 5.6% as safe-haven flows lifted bonds to their strongest month since 2024. Emerging markets… | Weekly read | 31 Oct 26 | 2 min |
| WR 16 | The weekly read — Week of Oct 16 – Oct 23, 2026Commodities and long bonds cushioned a week that saw emerging markets drop 1.3% and tech take its worst hit since spring. Over the past four weeks China's slowdown and tariff talk sent EM down 8.8% while Treasuries rallied nearly 3%. Year-to-date the commodity sleeve — up 52.5%… | Weekly read | 24 Oct 26 | 3 min |
| WR 15 | The weekly read — Week of Oct 09 – Oct 16, 2026The year's winning trade—commodities—stumbled this week, but still leads by 17 percentage points over equities. Emerging markets dropped 6%, Nasdaq-100 fell 5.5%, while bonds rallied on AI regulation headlines. The 4-week picture shows similar stress: EM down 6.2%, gold off… | Weekly read | 17 Oct 26 | 2 min |
| WR 14 | The weekly read — Week of Oct 02 – Oct 09, 2026The year still belongs to commodities — DBC is up 47% and has carried every portfolio with exposure. This week the S&P 500 added 1.16% on tech strength, while developed ex-US equities dropped 1.1%. Over four weeks, gold and long-duration bonds each fell more than 3%, yet U.S… | Weekly read | 10 Oct 26 | 2 min |
| WR 13 | The weekly read — Week of Sep 25 – Oct 02, 2026The year's story remains the commodity rally—DBC is up 45.5% YTD and commodities added 60 bps to Balanced. The four-week window reversed: gold slid 6.5%, long Treasuries fell 5.4%, and the Fed's first hike since 2023 sent the 10-year yield to 5.25%. Tech surged late-month—QQQ… | Weekly read | 03 Oct 26 | 3 min |
| WR 12 | The weekly read — Week of Sep 18 – Sep 25, 2026Commodities powered the year's gains; the four-week window told a different story. This week broad indices gave up ground as long-dated Treasuries sold off and tech names rallied sharply while oil paused its climb. Dual-momentum strategies stayed up by rotating into emerging… | Weekly read | 26 Sep 26 | 2 min |
| WR 11 | The weekly read — Week of Sep 11 – Sep 18, 2026Commodities saved the year-to-date story: DBC returned 47% in 2026, lifting every strategy that held it. This week oil pulled back and gold fell 5%, while tech rallied—QQQ up 0.92%. Over the past four weeks oil surged above $100 on Middle East supply fears before easing. The… | Weekly read | 19 Sep 26 | 2 min |
| WR 10 | The weekly read — Week of Sep 04 – Sep 11, 2026Oil's surge past $100 on Middle East supply risk carried commodities to a 48% gain this year, helping diversified strategies outpace global equities despite bond headwinds. Over the past four weeks, DBC jumped 10.5% while emerging markets added 1.8%. Year-to-date… | Weekly read | 12 Sep 26 | 2 min |
| WR 09 | The weekly read — Week of Aug 28 – Sep 04, 2026The year remains a commodity story: broad baskets are up 43% through early September, led by oil's 8% surge this week on US-Iran hostilities. The past four weeks saw emerging markets—lifted by 3.4% gains in August on tech and AI earnings—add another 4.7% while US tech gave back… | Weekly read | 05 Sep 26 | 3 min |
| WR 08 | The weekly read — Week of Aug 21 – Aug 28, 2026Gold added 10% in August—its strongest month since January—after soft U.S. inflation data flipped September Fed expectations and central banks bought a record 289 tonnes in Q2. Emerging markets rode an AI-fueled semiconductor rally to their best four-week gain since June, up… | Weekly read | 29 Aug 26 | 2 min |
| WR 07 | The weekly read — Week of Aug 14 – Aug 21, 2026The year belongs to commodities and emerging markets. Gold rallied 5.4% this week and 13.8% over the past four weeks as Treasury bond-buyback programs and cooling inflation flipped rate-hike odds. Emerging-market equities added 6.0% over four weeks, outpacing the S&P 500's 3.6%… | Weekly read | 22 Aug 26 | 2 min |
| WR 06 | The weekly read — Week of Aug 08 – Aug 14, 2026Commodities and emerging markets delivered the year's story in a week that saw gold up 9% and oil jump 4%. Over four weeks gold rallied nearly 9%, while developed ex-US and emerging equity added 5%+; the S&P 500 rose 4.4% and tech pushed 8%. Year to date, commodities remain the… | Weekly read | 15 Aug 26 | 2 min |
| WR 05 | The weekly read — Week of Aug 01 – Aug 07, 20262026 remains a commodity and EM year. This week brought a sharp tech rally—the Nasdaq jumped 5.09%—driven by solid earnings and US-Iran peace optimism. Gold rose 7.25% on the week, its best showing since June, as Hormuz reopening hopes eased inflation concerns and reduced Fed… | Weekly read | 08 Aug 26 | 2 min |
| WR 04 | The weekly read — Week of Jul 24 – Jul 31, 2026Commodities surged 10.8% over the month on a fragile US-Iran MOU, while a late-month tech selloff wiped 6.6% off Nasdaq. The S&P 500 finished July nearly flat at +0.03%, masking sector rotation beneath. Emerging-market equity rallied 17.8% year-to-date, then gave back ground as… | Weekly read | 01 Aug 26 | 2 min |
| WR 03 | The weekly read — Week of Jul 20 – Jul 27, 2026Commodities drove the year through July on Middle East supply tensions, but a fragile US-Iran ceasefire unwound oil's rally late in the month while Asian chip stocks cracked under AI-spending skepticism. DBC rallied 9.2% over four weeks, lifting commodity-tilted portfolios, but… | Weekly read | 28 Jul 26 | 3 min |
| WR 02 | The weekly read — Week of Jul 10 – Jul 17, 2026Commodities rallied 5.7% in the month while emerging equities dropped 11.1%. The year is still shaped by the commodity surge—DBC is up 29.4%—even as fresh Middle East tensions drove the divergence this week. Gold fell 4.2% in the window, down 7.5% year-to-date, as higher rates… | Weekly read | 28 Jul 26 | 2 min |
| WR 01 | The weekly read — Week of Jul 07 – Jul 14, 2026Commodities surged on renewed Strait of Hormuz tensions this week, while emerging markets stumbled on a four-week view as China underperformed. Gold's 6.4% drop over the past month captures a broader repricing: central banks bought aggressively into weakness—China added 15… | Weekly read | 18 Jul 26 | 2 min |