At The Money: Deregulation Will Free Your Portfolio

Deregulation serves as a powerful catalyst for corporate earnings by reducing operational friction and accelerating time-to-market. The Free Markets ETF (FMKT), managed by portfolio manager Michael Gayed, leverages this theme by actively identifying sectors—such as financials, cannabis, and nuclear energy—where regulatory rollbacks provide a competitive advantage. Unlike passive indices heavily weighted toward AI-driven technology, this strategy utilizes AI-based screening to monitor earnings transcripts for mentions of regulatory relief, allowing for dynamic portfolio adjustments. By focusing on policy-driven profit potential rather than partisan alignment, the fund captures value in industries where government intervention historically stifles growth. This approach treats deregulation not as a political stance, but as a fundamental shift that improves corporate efficiency and long-term performance, particularly in environments where market participants underprice the impact of reduced government oversight.