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The Bond Market Is On Fire

Heading into US elections, US bond markets are on fire: yields are selling off, the term premium is back in positive territory, and investors are wor…

1 year, 2 months ago

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Financial Repression Is Here To Stay

Alf and Brent discuss the recent sharp moves in US election polls and betting markets: Trump's odds are moving up, and so are the odds of a Red Sweep…

1 year, 2 months ago

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What If The Fed Made a Mistake?

Alf and Brent discuss the most recent US macro data releases: the hurricane impacted jobless claims, and core inflation has surprised to the upside. …

1 year, 3 months ago

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Macro Risks On The Horizon

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1 year, 3 months ago

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Unpacking The Chinese Stimulus Bazooka

The Chinese stimulus bazooka has been fired.

Chinese authorities have announced aggressive interest rate cuts, a 1 trillion yuan capital injection for…

1 year, 3 months ago

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How To Trade The Fed Cutting Cycle

Alf and Brent discuss the jumbo 50 bps Fed cut and the nuances Powell shared during the press conference. They look at historical parallels to derive…

1 year, 3 months ago

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The World is Different Now

Alf and Brent discuss similarities and differences between the world and the macro cycle today versus the pre-pandemic period. While the cycle might …

1 year, 4 months ago

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Will The Fed Cut by 25 or 50 bps?

Alf and Brent discuss recent developments in macro and labor market data, and debate whether the Fed will cut by 25 or 50 bps in September. Is the bo…

1 year, 4 months ago

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How & When The Best Macro Investors Use Options

In this episode, Alf and Brent discuss how cross-asset pricing in bonds, FX and equity markets has rapidly changed in August and compare it with the …

1 year, 4 months ago

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A Tale of Crowded Macro Trades

Alf and Brent reflect on the immense volatility hitting markets recently, and specifically on the unwind of carry trades: are we done here or is ther…

1 year, 5 months ago

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