All-Weather Non-China Supply Resilience

We are late-cycle with falling growth risk and rising inflation risk colliding into the Nov. 10 China rare-earth licensing snapback. True diversification means balancing across all four environments: EM-linked producers and reshored materials for rising inflation, Taiwan/LatAm compounders for rising growth, and domestic steel for stagflation resilience. Risk-parity sized across uncorrelated supply-chain streams, this basket hedges concentration in US mega-cap beta. Catalysts: - 2026-10-06 Congress moves break China rare-earth grip before November deadline (https://www.techtimes.com/articles/328654/20261006/congress-moves-break-china-rare-earth-grip-before-november-deadline.htm) Launch basket (equal weight): MP, ALB, SQM, AA, LAC, MOS, NUE, TSM, MELI, GE Rules: 1. Equal weights; cash at most 5%. 2. No inverse, leveraged or volatility ETFs. 3. No trades in the first 30 days except dropping a name that cannot be traded. 4. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.