--- title: "the CAVU Compass: Capital Cycle Holds the Line as Inflation breadth Catches Up" description: "THE MACRO BACKDROP \nThe data since the April 19 Compass has clarified the picture along the lines we anticipated. The capital cycle is real and broadening. The labor market is cooling gradually without breaking. Underlying inflation took a meaningful step in the wrong direction. The geopolitical situation, which we sketched as approaching the brink last month, has shifted toward cautious optimism. We treat each on its own terms below." image: https://blog.cavusecurities.com/hubfs/CAVU%20Compass%20May%202026_Page_01.jpg --- [![CAVU](https://blog.cavusecurities.com/hubfs/raw_assets/public/Cavu_November_2021/images/CAVU-MainLogo.png "CAVU")](https://www.cavusecurities.com/) - Impact - [CAVU in the Community](https://www.cavusecurities.com/impact) - Cash Solutions - [Money Market Funds](https://www.cavusecurities.com/money-market-funds) - [Money Market Portal](https://www.cavusecurities.com/money-market-portal) - [Distribution Services](https://www.cavusecurities.com/distribution-services) - [Capital Markets](https://www.cavusecurities.com/capital-markets) - [Team](https://www.cavusecurities.com/team) - [News & Insights](https://blog.cavusecurities.com/news-insights) - [Contact](https://www.cavusecurities.com/contact) [Back to News & Insights](https://blog.cavusecurities.com/news-insights) # the CAVU Compass: Capital Cycle Holds the Line as Inflation breadth Catches Up - May 21, 2026 ![CAVU Compass May 2026_Page_01](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_01.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_01.jpg)![CAVU Compass May 2026_Page_02](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_02.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_02.jpg)![CAVU Compass May 2026_Page_03](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_03.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_03.jpg)![CAVU Compass May 2026_Page_04](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_04.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_04.jpg)![CAVU Compass May 2026_Page_05](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_05.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_05.jpg)![CAVU Compass May 2026_Page_06](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_06.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_06.jpg)![CAVU Compass May 2026_Page_07](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_07.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_07.jpg)![CAVU Compass May 2026_Page_08](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_08.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_08.jpg)![CAVU Compass May 2026_Page_09](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_09.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_09.jpg)![CAVU Compass May 2026_Page_10](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_10.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_10.jpg)![CAVU Compass May 2026_Page_11](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_11.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_11.jpg)![CAVU Compass May 2026_Page_12](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_12.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_12.jpg)![CAVU Compass May 2026_Page_13](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_13.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_13.jpg)![CAVU Compass May 2026_Page_14](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_14.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_14.jpg)![CAVU Compass May 2026_Page_15](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_15.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_15.jpg)![CAVU Compass May 2026_Page_16](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_16.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_16.jpg)![CAVU Compass May 2026_Page_17](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_17.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_17.jpg)![CAVU Compass May 2026_Page_18](https://blog.cavusecurities.com/hs-fs/hubfs/CAVU%20Compass%20May%202026_Page_18.jpg?width=1700&height=2200&name=CAVU%20Compass%20May%202026_Page_18.jpg)   - [Privacy Policy](https://www.cavusecurities.com/privacy-policy) - [Terms & Conditions of Use](https://www.cavusecurities.com/terms-conditions) - [Business Continuity](https://blog.cavusecurities.com/hubfs/Cavu_November_2021/pdf/CAVU-Securities-LLC-Business-Continuity-Planning.pdf) - [Contact](https://www.cavusecurities.com/contact) © 2022 CAVU Securities, LLC. 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