You are fully in stocks this month. The rest waits in cash rather than bonds: hot inflation can sink both at once. A place to stand, not a guess about what comes next.
The discipline's current posture: trend sets whether you hold stocks, volatility sets how much, and the reserve sits in the Anchor or in cash by the real-rate and inflation reading.
The reading drives a three-fund discipline: SPY for growth, IEF for the bond Anchor, BIL for dry powder. Two signals set how much you hold in stocks. Trend is the S&P 500 against its 89-day moving average, confirmed by two closes. It decides whether you hold stocks at all. Volatility is the S&P's 63-day realized volatility against its own history. It decides how much, trimming your stocks when the tape turns wild. Whatever is not in stocks becomes the reserve: it sits in intermediate Treasuries when real yields are high and inflation is contained. Otherwise it waits in cash. Inflation is a one-way veto, not a forecast: it can only keep you out of bonds, never push you in, the rule that avoided the 2022 trap. Valuation measures how expensive the market is against its own history. Expensive markets tend to fall further when they turn, so it is worth knowing, but it moves none of your money. The signals are read daily. The discipline rebalances weekly.
Source data: Federal Reserve Economic Data (FRED), public domain, computed by the Climate Compass engine. As of: fundamentals 2026-04-01, rates 2026-08-27, price 2026-08-28.