Keep pulling the thread on Michael Gayed.
The Free Markets ETF (ticker: FMKT) was launched to invest in companies expected to benefit from deregulation and free market dynamics, particularly under a potential second term of the Trump presidency.
Michael Gayed states that deregulation can accelerate time-to-market, increase corporate margins, and benefit earnings.
Donald Trump's stated policy on regulation evolved from cutting two regulations for every new one to a more aggressive stance of cutting ten for every new one.
Michael Gayed believes the United States has outperformed European markets partly because the U.S. has less regulation.
The Free Markets ETF (FMKT) focuses its investments in sectors such as industrials, financials, cannabis, nuclear, and aerospace.
Michael Gayed predicts that the technology sector, and AI in particular, will likely be subject to increased regulation.
The Free Markets ETF (FMKT) traded 400,000 shares on its first day of launch.
At one point, the Free Markets ETF (FMKT) outperformed the S&P 500 by 1,000 basis points.
Tactical Rotation Management utilizes an AI-driven workflow and screening process to identify companies that mention deregulation in earnings transcripts and are impacted by regulatory costs in their SG&A.
Michael Gayed believes the increasing energy demand from AI data centers will require deregulation to shorten the time-to-market for new nuclear power plants.
The prospectus for the Free Markets ETF (FMKT) allows for up to 5% of the portfolio to be allocated to Bitcoin and Ethereum.
A regulatory requirement mandates that thematic ETFs must invest at least 80% of their portfolio in their stated theme.