Michael Gayed, author of the Lead-Lag Report and portfolio manager at ATAC, returns to Real Vision to discuss his insights into equity and commodities markets that explain the continued fall in lumber prices. Gayed analyzes important market signals that he is tracking to help him understand lumbers price moves. He will discuss which sectors are best positioned to succeed in the current macro regime. Gayed authored an award-winning white paper on how VIX levels can be used to forecast sector rotation over the long-term that can be found here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3718824. Interviewed by Jack Farley on July 13, 2021.