What is the Broken Correlations PDF?

A free macro trading framework PDF that lays out why traditional correlations have broken in the 2026 war cycle: gold not running on war headlines, dollar bid, Fed pricing hikes instead of cuts, and how to position around it.

Is the Broken Correlations PDF free?

Yes, free. Drop your email on the page and the PDF is sent straight to your inbox along with a four-email follow-up series with the live read and trade positioning.

Who wrote the Broken Correlations playbook?

Ken Chigbo, founder of KenMacro. 18 years institutional FX experience, London floor and macro desk background.

What does the playbook actually cover?

The four-driver framework: oil and the war-risk premium, real yields and why gold is constrained, the dollar bid into geopolitical stress, and the Fed pricing path. Plus the desk's current positioning and what would invalidate the call.

What comes after the PDF?

A four-email sequence over eight days: the live read of what the tape has done since the PDF, the broker stack the desk uses for this regime, and the Macro Mastery Desk if you want the daily read and trade ideas around the framework.

Broken Correlations - The 2026 War Cycle Playbook

KenMacro Institutional Brief – Free

The trader’s map of the 2026 war cycle.

Gold is selling. The dollar is bid. The Fed has stopped pricing cuts and started pricing hikes. Every classic risk-off chart is reading backwards this cycle.

This eleven-page institutional brief lays out the four drivers, the cross-asset map, the five trading rules the desk runs on, and the inverse signals that flip the regime. Drop your email and the PDF lands in your inbox plus on this page right away.

Educational. Institutional-style analysis, not financial advice. Past performance does not guarantee future results.

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Ken’s live book, every trade he is watching with the why, the BTC whale signals, and the weekly desk read. The recurring tier is GBP49 a month, or free when you fund a Blueberry account through our link.

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Take the framework further

If correlations look broken, the regime lens is usually the missing layer.

Where to take this next

The KenMacro education stack: free framework PDF, the £499 Blueprint course, or £2,500-5,000 1-on-1 mentorship. Three tiers, one framework.

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Worked example, verified

XAUUSD long, +3.5R in nine hours, all three TPs hit by lunch.

30 April 2026: the desk worked the framework on gold, conviction-honest at 3 of 5 lenses, sized 0.5% of account. Full eight-rule walkthrough, verified entries and stops, no curation.

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The mentorship is direct work with Ken on your reads, your risk and applying the macro framework in live conditions. Small intake, application based, no signals.

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The same regime-first framework behind every call on this site, plus the weekly macro brief. Free. No spam, unsubscribe anytime.

Broken Correlations – The 2026 War Cycle Playbook

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