The Gemini team reviews the Monday May 18 Cara Playbook

In this strategic report, investment expert Bill Cara analyzes a significant market regime change toward stagflation that he alerted readers to on Friday May 15. The text details how rising inflation, geopolitical conflicts, and a hawkish Federal Reserve have confirmed a definitive peak in the market cycle. Cara utilizes his “Four-Gate Funnel” discipline to justify high cash positions while identifying a defensive rotation into healthcare, staples, and software. The analysis highlights a bifurcation in the tech sector, where subscription-based businesses are outperforming high-valuation semiconductors. Ultimately, the source serves as a professional playbook advising investors to prioritize patience and capital preservation during this volatile transition.