Prepare, Don't Predict | Signals and Noise, September 25

Sep 26, 2026

Hi there,

This week's free Signals & Noise is live, and it's setting up something bigger.

We think the next decade looks nothing like the last one. The S&P bull run we've all gotten used to is over, and the job now is to prepare for higher volatility. This week's issue walks through why, plus the earnings yield math that matters more than the daily price ever will.

Premium members have the rest: what a hacked BYD and the Xi-Trump meeting both say about the end of globalisation as we knew it, the credit signal running through property and private credit that ASIC just flagged, and why we're sceptical of dollar cost averaging as an automatic default.

Steve, Tom & Jacob
The TMM Team

This email is for informational purposes only and does not constitute financial advice. Total Money Management | AFSL 568642

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Prepare, Don't Predict | Signals and Noise, September 25

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